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Sarita

Kumari

Retailpreneur

Alwar, Rajasthan

637 livelihood days

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Sarita

Kumari

#dedicated#believer
Sarita Kumari needs credit to expand and restock her shop.

Retailpreneur

Rajasthan

637 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Sarita

Sarita Kumari owns a small retail business in Alwar, Rajasthan. She is looking for credit to expand her business activities. She wishes to stock her shop with cosmetics and other products of daily use. Expanding her business will help raise their family income and wellbeing. Help Sarita, a female entrepreneur to expand her business.

About Sarita Kumari's livelihood

Sarita is a retailpreneur who works 14 hours a day for 7 days a week. With this loan Sarita will potentially obtain employment for 637 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Sarita Kumari has consented to pay the interest as below:

Investee
pays

6.00% flat p.a.

10.80% APR

Social
Investor

2.00%

3.60% APR

Platform
charges

4.00%

7.20% APR

Loan Details

The following section provides a detailed view of the investee loan requirement.

Loan
amount

30,000

Loan
tenure

24 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Retail store

Investee Credit Rating:
Good

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

Ibtada
   view website
Partner logo

Established in

1997

With Rang De from

2020

Founded by

Rajesh Singhi

Ibtada, meaning ‘the beginning’, is a not for profit organisation that was started in 1997 to uplift women and girls in the Alwar district of Rajasthan. Rural poverty and deprivation are a major issue grappling the region, and Ibtada has introduced interventions in the space of Education, Financial Inclusion, Livelihood Generation, and Awareness about Rights and Entitlements. Although Ibtada is hand holding women through the process, the ultimate aim is to make them independent and empowered to stand up for themselves. Ibtada has reached over 50,000 households in 400+ villages in Alwar District, Rajasthan.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS