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Shweta

Karande

Retailpreneur

Raigad, Maharashtra

455 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4

Shweta

Karande

#dedicated#smart
Shweta needs support to buy raw materials for making footwear.

Retailpreneur

Maharashtra

455 potential days of livelihood

40,000 loan is fully repaid

40,000 loan is fully repaid


About Shweta

Shweta Karande is a young woman who lives in Raigad, a small city located in Maharashtra. She has been running a business of manufacturing and selling footwear for the past ten years. With a loan, she'll be able to buy raw materials for making footwear. This will enable her to expand her business and improve her productivity and profit margins. Invest in Shweta Karande as she expands her business, purchases crafting and manufacturing equipment, and buys raw materials for the production of footwear.

About Shweta Karande's livelihood

Shweta is a retailpreneur who works 10 hours a day for 7 days a week. With this loan Shweta 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. Shweta Karande has consented to pay the interest as below:

Investee
pays

3.00% flat p.a.

5.40% APR

Social
Investor

3.00%

5.40% APR

Platform
charges

0.00%

0.00% APR

Loan Details

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

Loan
amount

40,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Retail store

Investee Credit Rating:
Very 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

Givfunds Social Ventures
   
Partner logo

Established in

2018

With Rang De from

2022

Founded by

Mr. Irwan Malhotra

Givfunds provides low cost capital to impactful social enterprises. Through their ecosystem-level approach and tech-enabled processes, Givfunds unlocks sustainable capital for social enterprises to create greater impact and change lives. Givfunds also works to create empowered women entrepreneurs by providing them access to financial, entrepreneur & digital training and credit to start their own nano/micro enterprises.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS