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Salimabi Shabbir

Shaikh

Retailpreneur

Beed, Maharashtra

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Salimabi Shabbir

Shaikh

#courageous#gogetter
Salimabi needs credit to purchase groceries for her store.

Retailpreneur

Maharashtra

364 potential days of livelihood

25,000 loan is fully repaid

25,000 loan is fully repaid


About Salimabi Shabbir

Salimabi is a widow, from Beed Maharashtra. She has been running a small general store for the last ten years. She is seeking credit to expand her business activities. She needs to purchase groceries and other goods to restock her store. Expanding her business will help raise their family income. Help Salimabi, a female entrepreneur to expand her business.

About Salimabi Shabbir Shaikh's livelihood

Salimabi Shabbir is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Salimabi Shabbir will potentially obtain employment for 364 days.

Interest Rate

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

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.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS