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Shobha

Thorat

Retailpreneur

Beed, Maharashtra

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Shobha

Thorat

#breadwinner#hardworking
Shobha needs a loan to buy a sewing machine

Retailpreneur

Maharashtra

273 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Shobha

Shobha is an enterprising woman who works very hard to earn her livelihood. She owns an apparel store in Beed and earns a modest monthly income from it. Additionally, she sews clothes from home and has been in this profession for three years. Often, Shobha runs out of supplies and requires a loan to buy more cloth. She is a very determined and focused woman, with a dream to grow her small business and make a better future for her family. Join her on her mission by supporting her growth through this loan.

About Shobha Thorat's livelihood

Shobha is a retailpreneur who works 6 hours a day for 7 days a week. With this loan Shobha will potentially obtain employment for 273 days.

Interest Rate

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

30,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Apparel 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.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS