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Shahabuddin

Ansari

Creative Entrepreneur

Ramgarh, Jharkhand

546 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Shahabuddin

Ansari

#ambitious#achiever
Support Shahabuddin as he needs raw materials for stitching bags.

Creative Entrepreneur

Jharkhand

546 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Shahabuddin

Shahabuddin Ansari has been working as a handicraft artist and he creates new designs and products. This is how he earns his livelihood. Currently, he is working on bag designs, and stitching the bags to sell to wholesalers. Shahabuddin would like to get a loan to purchase the raw material needed to make his bags and expand his handicraft business further, reduce his dependency on raw material suppliers, and give better services to his customers. This will eventually enhance his income and with this investment, he will be able to make a name of his own. Invest in Shahabuddin as he buys his raw material, fabric, thread, and beads to make his customers happy with his bag designs.

About Shahabuddin Ansari's livelihood

Shahabuddin is a creative entrepreneur who works 12 hours a day for 7 days a week. With this loan Shahabuddin will potentially obtain employment for 546 days.

Interest Rate

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

Investee
pays

6.00% flat p.a.

10.80% APR

Social
Investor

6.00%

10.80% APR

Platform
charges

0.00%

0.00% APR

Loan Details

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

Loan
amount

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Handicrafts

Investee Credit Rating:
Excellent

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

Transform Rural India Foundation
   
Partner logo

Established in

2016

With Rang De from

2022

Founded by

Anish Kumar, Anirban Ghose

TRIF aims to bring about a paradigm change in the lives of disadvantaged communities in rural India, more specifically the poorest 100,000 villages and enable the rural communities to achieve their full potential by ensuring they have equal access to the opportunities available to everyone else.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS