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Savitri

More

logoRetailpreneur

logo Beed , Maharashtra

logo 25,000 has been disbursed

logo 364 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Savitri

More

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

logoRetailpreneur

logo Beed , Maharashtra

logo 25,000 has been disbursed

logo 364 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

16,666.66 is
the current outstanding balance

85.71 0 14.29 8333 1389 0

86%

14%

0%


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.

My dream is to enjoy a secure future with my 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.

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

Investee
pays The rate of interest charged to the investee

10.00% flat p.a.

18.00% APR

Social
Investor The rate of return an investor makes

4.00%

7.20% APR

Impact
Partner The rate of return an impact partner makes

up to 4.00%

7.20% APR

Platform
charges The charges, the platform incurs by offering it's services

2.00%

3.60% APR

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 Equated Monthly Instalment

Investee
occupation

Retail store

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

Navchetana Sarvagin Vikas Kendra
   

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

Your Investees

Total Lives Impacted

0

Days of Livelihood

0