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Sukanti

Mohanta

Retailpreneur

Mayurbhanj, Odisha

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Sukanti

Mohanta

#breadwinner#hardworking
Support Sukanti to purchase essential items to her retail store.

Retailpreneur

Odisha

273 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Sukanti

Sukanti is a resident of Mayurbhanj. She runs a retail store which gives her an opportunity to contribute to the economic development of her family. Sukanti is optimistic about the future and believes in taking risks and challenges to grow in life. She is the mother of two children and is looking for advice and assistance for her retail store. With the support of this loan, she will contribute towards the growth of her retail store and be able to build a sound foundation for her family. She will be able to purchase the essential items to store. Have your own share in supporting Sukanti's mission towards providing a better life to her family!

About Sukanti Mohanta's livelihood

Sukanti is a retailpreneur who works 6 hours a day for 7 days a week. With this loan Sukanti 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. Sukanti Mohanta 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

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Retail 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

Thakurmunda BLF - Narishakti Mahila Mahasangha
   view website
Partner logo

Established in

2021

With Rang De from

2023

Founded by

President- Sulochana Hembram, Secretary- Bhagabati Mohanta

Narishakti Mahila Mahasangha - Block Level Federation was founded in December 2021 with 11 women founding governing body members. The Federation has been promoted by PRADAN - Professional Assistance for Development Action. PRADAN is dedicated to uplifting marginalized communities in rural India through sustainable livelihood programs, women's empowerment, and community development. Its area of operation spans across numerous Indian states, driving positive change in some of the most underserved and remote regions of the country. NMMS is a federation of around 1400 SHGs having about 16,000 rural women in these SHGs.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS