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Sonali

Khodase

Retailpreneur

Beed, Maharashtra

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Sonali

Khodase

#breadwinner#believer
Invest in Sonali's sewing machine purchase to add to her apparel store.

Retailpreneur

Maharashtra

364 potential days of livelihood

25,000 loan is fully repaid

25,000 loan is fully repaid


About Sonali

Sonali is not new to the apparel business sector. She has ten years of experience in running her apparel store and is now ready to take her business to the next level. She intends to transform the store, with a full-fledged renovation and make purchases of new apparel to widen her collection. She will use the loan to cover the costs involved in purchasing new sewing machines. She hopes that this revamp will help her draw in more customers, and grow her revenue. Sonali’s long term dream is to open multiple outlets across Beed. With her family members to support, Sonali is leaving no stone unturned to ensure a bright and secure future for her family.

About Sonali Khodase's livelihood

Sonali is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Sonali 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. Sonali Khodase 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

25,000

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