Shanti Devi

#spirited#tireless
Shanti is joining forces with her family to open up a furniture store

Service Entrepreneur

Ajmer, Rajasthan

50,000 has been disbursed

364 potential days of livelihood i

41,666.66 is the current outstanding balance

100 0 0 8333 0 0

100%

0%

0%


About Shanti Devi

Shanti Devi is a woman on her toes. She has decided to join hands with her husband and son, both skilled carpenters, to set up a thriving furniture business. She is seeking credit to buy a bulk of different types of wood and a saw machine. Shanti intends on pitching into the work by polishing and painting the furniture before it is sold. Having previously engaged in both farming and animal husbandry businesses, Shanti has decided to now focus more of her time and efforts on growing her family business. Her dream is to soon open up a shop to sell this furniture, and expand this into a large and well known furniture store. Invest in Shanti to see her soar.

My dream is to establish a large furniture store.

About Shanti Devi's livelihood

Shanti is a service entrepreneur who works 8 hours a day for 7 days a week. With this loan Shanti 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.

Investee
pays i

10.0% flat p.a.

18.0% APR

Social
Investor i

5.0%

9.0% APR

Impact
Partner i

up to 5.0%

9.0% APR

Platform
charges i

0.0%

0.0% APR

Loan Details

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

Loan
amount

50,000

Loan
tenure

18 months

Previous
loans

1

Investee
occupation

Professional services

Investee Credit Rating i :
Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

B

The rating is derived from the following data points.

Credit
bureau
score i

No credit history available

 

Rang De confidence score

 i


B


×

Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

B

Co-curated and referred by our Impact Partner
Rajasthan Mahila Kalyan Mandal

Established in

1987

With Rang De from

2019

Founded by

Mr Sagarmal Kaushik

Rajasthan Mahila Kalyan Mandal Sanstha, Ajmer founded in 1975 started working in the field of disability & rehabilitation since 1988. Organization started Community Based Rehabilitation program in 1998 for those Children With Special Needs who couldn’t reached Day Care Centre due to transport or any other reason. Presently, Organization is working with more than 1900 CWSN in Rajasthan. RMKM works with rural communities and Persons With Disability to rehabilitate them by enabling ownership over environment, institutions and communication. The areas in which we work towards a more empower and equitable future are as follows: Education and Inclusion, Health, Livelihood Promotion and Micro-Credit, Human Resources Development

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