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Sarswati

Galdhar

Retailpreneur

Beed, Maharashtra

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Sarswati

Galdhar

#believer# strength
Invest in Sarswati to purchase essential items for sewing.

Retailpreneur

Maharashtra

364 potential days of livelihood

25,000 loan is fully repaid

25,000 loan is fully repaid


About Sarswati

Through her diligent work, Sarswati has been able to realize her dream of owning a tailoring business. She is in this field for more than five years now and she has been planning to expand her business but is stuck due to the pandemic. The loan from Rang De will be used for purchasing additional basic raw materials for stitching various garments. She will purchase a new sewing machine, a pico fall machine, needles, threads, and other essential items. Sarswati has great hopes for this business and believes that she will soon be able to reap the fruits of her labor. Invest in her now!

About Sarswati Galdhar's livelihood

Sarswati is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Sarswati will potentially obtain employment for 364 days.

Interest Rate

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

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

4.00%

7.20% APR

Platform
charges

6.00%

10.80% APR

Loan Details

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

Loan
amount

25,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Apparel 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

Navchetana Sarvagin Vikas Kendra
   
Partner logo

Established in

2008

With Rang De from

2020

Founded by

Manisha Ghule

Navchetana Sarvangin Vikas Kendra (NSVK) works with the most marginalised communities of Marathwada, Maharashtra to empower them socially and economically. Navchetna strives to transform unjust structures of the society from the grassroots, and build harmonious and self-sufficient communities for people from various religions, languages, and cultures.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS