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Shobha

Bansode

Creative Entrepreneur

Beed, Maharashtra

455 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Shobha

Bansode

#ambitious#positive
Shobha requires credit to purchase a new sewing machine.

Creative Entrepreneur

Maharashtra

455 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Shobha

Shobha, the sole member of her family and residing at Beed, Maharashtra is a hard-working woman. Shobha runs her own embroidery business and has been so for the past ten years. Shobha has been receiving customers at her shop who need her services embroidering clothes and accessories which are used in weddings and other ceremonies. Shobha requires a new sewing machine to take her business forward, and this loan will help her upgrade her equipment while also enabling her to expand her business further. Invest in Shobha now!

About Shobha Bansode's livelihood

Shobha is a creative entrepreneur who works 10 hours a day for 7 days a week. With this loan Shobha will potentially obtain employment for 455 days.

Interest Rate

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

Embroidery

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