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Vasani

Retailpreneur

Pali, Rajasthan

234 livelihood days

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Vasani

#keen#superwoman
Vasani needs to a loan to build a godown for her retail store.

Retailpreneur

Rajasthan

234 potential days of livelihood

1,00,000 loan is fully repaid

1,00,000 loan is fully repaid


About Vasani

Vasani is a hardworking woman who is running a retail store. Every day, she sits in front of her shop and stores the cloth material, accessories, and other items, which she purchased from the wholesale market. The stocks are all scattered; this is why she needs a loan, to establish systematic storage. To have a proper inventory, she needs to build a godown to store items. The remaining amount from the loan will also be used to restock supplies in her store. With her dream and hard work, she is hoping to grow her business. Invest In Vasani and be a part of her journey.

About Vasani 's livelihood

Vasani is a retailpreneur who works 6 hours a day for 6 days a week. With this loan Vasani will potentially obtain employment for 234 days.

Interest Rate

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

1,00,000

Loan
tenure

15 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Retail store

Investee Credit Rating:
Adequate

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

Ghoomar Mahila Samiti
   
Partner logo

Established in

2015

With Rang De from

2020

Founded by

SAGI BAI

Registered under the societies registration act on 2nd February 2015, the federation comprises 4000 women. The federation works with the tribal communities of Rajasthan. The main source of income for the communities here is agriculture, stone-cutting and daily wage labour. With a strong presence of moneylenders charging exorbitant rates of interest, these communities have no other choice but to borrow at these rates to keep their business going. Ghoomar has been working tirelessly with these communities to help them build their livelihoods in a more sustainable manner by providing them with access to low cost credit and supporting their livelihood activities.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS