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Gita Devi

#positive#courageous
Gita needs credit to open a tailoring shop.

Retailpreneur

Nawada, Bihar

30,000 has been disbursed

273 potential days of livelihood i

18,333.31 is the current outstanding balance

100 0 0 11667 0 0

100%

0%

0%


Gita Devi lives in Nawada, Bihar, where she is an entrepreneur. She receives income from running a small tailoring shop at her house. She is now looking to expand this business by opening a new shop so that she can enhance her livelihood. Her income helps her support her family and meet her children's needs in time. Invest in Gita so that she can expand her business.

I wish to give a good future for my children.

About Gita Devi's livelihood

Gita is a retailpreneur who works 6 hours a day for 7 days a week. With this loan Gita will potentially obtain employment for 273 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

30,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Retail store

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

B

Sarva Seva Samity Sanstha

Established in

2003

With Rang De from

2020

Founded by

Shri Vijay Mahajan

Sarva Seva Samity Sanstha was promoted in 2003 as a not for profit society to serve the most marginalized and in areas where most professionals were not able to reach. This is the reason it got registered in Gaya and was mandated to work with women and marginalized in the most difficult blocks where there was almost no reach of any NGO, MFI, and government programs. Sarva Seva Samity since 2003 has been working silently over the years in deep pockets of Bihar, Odisha, and Jharkhand and undertaking tasks like contract farming in Potato, Fee-based SRI, cultivation of True potato seed, undertaking saving and credit activities. With this mission to be at the grassroots and work on developing a sustainable and equitable society, Sarva Seva Samity continues to strive to bring in new technologies and processes and take up challenging issues that will help the poor and marginalized a have a better living and standard of life.

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