Anjali Yogesh is a resident of Beed, Maharashtra. She runs a small retail store in her village. The income from her business supports the expenses of her family. Anjali is now looking to expand her business. She is seeking credit to expand her store in a bid to also grow her monthly income. She needs to add more stocks to the store. She hopes her small endeavor will better the quality of life for her family and help them make ends meet.
Anjali Yogesh is a service entrepreneur who works 8 hours a day for 7 days a week. With this loan Anjali Yogesh 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. Anjali Yogesh Londhe 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
Others
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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