false
false 0 0 kUmpH4UrvN

Savita

Mandare

Beautypreneur

Betul, Madhya Pradesh

234 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Savita

Mandare

#dedicated#believer
Invest in Savita to renovate her beauty parlour for better income.

Beautypreneur

Madhya Pradesh

234 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Savita

Savita is a beauty specialist who owns a beauty center in Betul, Madhya Pradesh. Savita has been working in this business for the past eight years and knows every aspect of the trade. She has grown her business tremendously in the past few years, and has now come to a point where she feels the need to expand her business further. She wants to renovate her centre, and the additional revenue from this renovation will greatly impact her family's livelihood. Take part in making a difference in her life, and help grow her business for years to come!

About Savita Mandare's livelihood

Savita is a beautypreneur who works 6 hours a day for 6 days a week. With this loan Savita will potentially obtain employment for 234 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Savita Mandare 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

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Beauty parlour

Investee Credit Rating:
Adequate

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

ASA Development Services
   
Partner logo

Established in

2007

With Rang De from

2021

Founded by

Mr. Ashis Mondal

ASA Development Services (ASADS) is a non-profit company that was started in 2007 to utilise approaches of partnership, collaboration, resource pooling, and knowledge sharing to accelerate the process of development of the rural poor. ASADS complements work of its promoting organization Action for Social Advancement (ASA), by layering support services on the field. ASADS builds crucial financial links between the poor and the lending partners in the sector to bridge the gap of rural and urban development.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS