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Savitri

More

Retailpreneur

Beed , Maharashtra

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Savitri

More

#Breadwinner# Hardworking
Savitri needs a loan restock her grocery store.

Retailpreneur

Maharashtra

364 potential days of livelihood

25,000 loan is fully repaid

25,000 loan is fully repaid


About Savitri

Savitri is an independent woman who started a grocery store. Her shop involves a wide range of items such as fruits, vegetables, toiletries, and other necessities. Her store is widely known for its competitive prices, quality products, and excellent service. However, due to the lack of capital, Savitri is unable to improve her grocery store. To build a strong business, Savitri needs to purchase high-quality products at competitive prices. She is confident that with this loan she will be able to make her business more profitable and support her family.

About Savitri More's livelihood

Savitri is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Savitri 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. Savitri More 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

18 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

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.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS