Tilottama lives in Beed, Maharashtra where she runs a clothing store. She is the breadwinner of her family and has successfully grown her business in these last five years. She needs a loan to buy new sarees and clothes for her store. The loan will also be used to purchase essential furniture for her store. This would allow her to continue her business smoothly and provide for her family. Invest in Tilottama, a successful entrepreneur so that she can continue to dream big.
Tilottama is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Tilottama 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. Tilottama Ravindra Jogdand 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
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
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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