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Sumanbai Wasant

Sasane

Retailpreneur

Beed, Maharashtra

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Sumanbai Wasant

Sasane

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

Retailpreneur

Maharashtra

364 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Sumanbai Wasant

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!

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.

Interest Rate

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

30,000

Loan
tenure

18 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

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