₹ 19,997.98 is
the current outstanding balance
33%
0%
67%
Sunita is a resident of Beed, Maharashtra, and has been working in the tailoring business for ten years. She deals in garments for men and women and with the sewing machines, she can create high quality garments with minimal cost. Now, she needs a loan to purchase a new sewing machine, a Zaller machine, and a picco fall machine for her shop so that she can take more orders. You can be a part of Sunita's dream of contributing to the growth of her family's business.
Sunita is a retailpreneur who works 7 hours a day for 7 days a week. With this loan Sunita will potentially obtain employment for 318 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Sunita Ganpat Kamble 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
Impact
Partner
up to 4.00%
7.20% APR
Platform
charges
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
Investee
occupation
Apparel store
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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