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Vijumala Sonawne

#passionate#hustler
Vijumala needs credit to expand her beauty parlor.

Beautypreneur

Beed, Maharashtra

25,000 has been disbursed

364 potential days of livelihood i

18,055.55 is the current outstanding balance

100 0 0 6944 0 0

100%

0%

0%


Vijumala lives with a family of four. She owns a beauty parlor in Beed, Maharashtra and has an experience of ten years now. She is looking to expanding her business by adding a new hair spa machine, and a few chairs to her parlor. Expanding the business would mean a higher income for the family. This credit would help in making her dreams come true.

I wish to give a good education to my children.

About Vijumala Sonawne's livelihood

Vijumala is a beautypreneur who works 8 hours a day for 7 days a week. With this loan Vijumala 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.

Investee
pays i

10.0% flat p.a.

18.0% APR

Social
Investor i

4.0%

7.2% APR

Impact
Partner i

up to 4.0%

7.2% APR

Platform
charges i

2.0%

3.6% 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 i

Investee
occupation

Beauty parlour

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit
bureau
score i

 

A

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

A

Navchetana Sarvagin Vikas Kendra

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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