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Shila

Lolage

logoService Entrepreneur

logo Beed, Maharashtra

logo 25,000 has been disbursed

logo 409 livelihood days i

b-img b-img b-img

Shila

Lolage

#Hardworking#breadwinner
Shila needs a loan for expanding her flour mill.

logoService Entrepreneur

logo Beed, Maharashtra

logo 25,000 has been disbursed

logo 409 potential days of livelihood i

25,000 is
the current outstanding balance


Shila is determined to see her flour mill succeed, and she won't stop until she's achieved her goal. Shila is a resident of Beed in Maharashtra, living with a family of three. As Shila is the only one having a flour mill in her locality, all her area people will come to her mill for grinding wheat and other spices and pulses. As the machine which she is using also needs a service, she needs some financial help for servicing the present machine and also for buying a new one. With this loan and along with the help of her family, Shila will be able to expand her flour mill business and serve more customers.

I want to secure a future with my family

About Shila Lolage's livelihood

Shila is a service entrepreneur who works 9 hours a day for 7 days a week. With this loan Shila will potentially obtain employment for 409 days.

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

Investee
pays i

10.00% flat p.a.

18.00% APR

Social
Investor i

4.00%

7.20% APR

Impact
Partner i

up to 4.00%

7.20% APR

Platform
charges i

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 i

Investee
occupation

Others

i :

B

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

The rating is derived from the following data points.

Credit bureau score i

 

A

Rang De confidence score

 i


B

Partner Rating i

B

Loan Profile i

A

Financial Profile i

A

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