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Snehlata

Tiwari

Creative Entrepreneur

Niwadi, Madhya Pradesh

364 livelihood days

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

Snehlata

Tiwari

#ambitious#courageous
Support Snehlata to purchase raw materials to increase the production of sweet boxes.

Creative Entrepreneur

Madhya Pradesh

364 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Snehlata

Snehlata is a resident of Niwadi city in Madhya Pradesh and has two years of experience in the business of making packaging boxes for sweets. Every year she produces some artisan sweet boxes, and her hard work has brought her great success. This year, she has requested a loan from Rang De to upgrade her production capacity and expand her business. With your support, she will be able to purchase raw materials and increase the production of sweet boxes. She will sell the boxes in the city, which will increase her monthly income. Support her now!

About Snehlata Tiwari's livelihood

Snehlata is a creative entrepreneur who works 8 hours a day for 7 days a week. With this loan Snehlata 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. Snehlata Tiwari has consented to pay the interest as below:

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

3.20%

5.76% APR

Platform
charges

4.80%

8.64% APR

Loan Details

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

Loan
amount

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Handicrafts

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

Indian Micro Enterprises Development Foundation
   view website
Partner logo

Established in

1995

With Rang De from

2021

Founded by

Dr.Ashok Khosla

Indian Micro Enterprises Development Foundation (IMEDF) is a social enterprise promoted by Development Alternatives Group with a vision to promote inclusive growth and inspire environmental sustainability through development of micro - enterprises.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS