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Sumanbai Wasant

Sasane

logoRetailpreneur

logo Beed, Maharashtra

logo 30,000 has been disbursed

logo 364 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Sumanbai Wasant

Sasane

#hardworking#ambitious
Support Sumanbai to purchase new stocks to her retail store.

logoRetailpreneur

logo Beed, Maharashtra

logo 30,000 has been disbursed

logo 364 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

18,364 is
the current outstanding balance

63.47 9.26 27.27 11636 5000 1697

63%

27%

9%


Sumanbai runs a retail store in the Beed district of Maharashtra. She sells general groceries and vegetables for the locals. She has been doing this for over ten years and sells her products at the lowest price possible. She delivers her stocks every week to her customers. She is looking for a loan to purchase more new stocks to sell in the store. A stronger business will encourage her to reach out to the customers again and will help support her family. Invest in Sumanbai now!

I wish to set up a big shop for my business.

About Sumanbai Wasant Sasane's livelihood

Sumanbai Wasant is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Sumanbai Wasant will potentially obtain employment for 364 days.

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

Investee
pays The rate of interest charged to the investee

10.00% flat p.a.

18.00% APR

Social
Investor The rate of return an investor makes

4.00%

7.20% APR

Impact
Partner The rate of return an impact partner makes

up to 4.00%

7.20% APR

Platform
charges The charges, the platform incurs by offering it's services

2.00%

3.60% APR

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 Equated Monthly Instalment

Investee
occupation

Retail store

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

Navchetana Sarvagin Vikas Kendra
   

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.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0