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Surekha

Jagtap

Retailpreneur

Beed, Maharashtra

25,000 has been disbursed

455 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Surekha

Jagtap

#courageous#achiever
Surekha needs a loan to upscale her apparel store.

Retailpreneur

Maharashtra

25,000 has been disbursed

455 potential days of livelihood

11,087.3 is
the current outstanding balance

55.65 0 0 44.35 13913 0 0 11087

56%

0%

0%

44%


About Surekha

All her dreams materialized in her business venture after much effort, thought, and hard work. Surekha has a retail store that sells apparel and jewelry. She has been working in the same field for more than 7 years and has reached a level of expertise that allows her to estimate her profits and costs with ease. With this loan she will be able to increase her capital by purchasing more stock to sell. Her continued hard work and diligence will surely bear fruit and help her to expand her business.

About Surekha Jagtap's livelihood

Surekha is a retailpreneur who works 10 hours a day for 7 days a week. With this loan Surekha will potentially obtain employment for 455 days.

Interest Rate

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

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.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS