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Mamta Jha

#spirited#gogetter
Invest in Mamta to enable her stock up her retail store.

Retailpreneur

Alwar, Rajasthan

30,000 has been disbursed

409 potential days of livelihood i

10,904 is the current outstanding balance

88.14 0 11.86 19096 2571 0

88%

12%

0%


Mamta Jha is a resident of Alwar, Rajasthan. She runs a small retail store in her village. The income from her business supports the expenses of her family, her husband and two sons. Mamta 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 hopes her small endeavor will better the quality of life for her family and help them make ends meet.

My dream is to provide my children with a good education.

About Mamta Jha's livelihood

Mamta is a retailpreneur who works 9 hours a day for 7 days a week. With this loan Mamta will potentially obtain employment for 409 days.

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

Investee
pays i

6.0% flat p.a.

10.8% APR

Social
Investor i

2.0%

3.6% APR

Impact
Partner i

up to 3.0%

5.4% APR

Platform
charges i

1.0%

1.8% 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

IBTADA

Established in

1997

With Rang De from

2020

Founded by

Rajesh Singhi

Ibtada, meaning ‘the beginning’, is a not for profit organisation that was started in 1997 to uplift women and girls in the Alwar district of Rajasthan. Rural poverty and deprivation are a major issue grappling the region, and Ibtada has introduced interventions in the space of Education, Financial Inclusion, Livelihood Generation, and Awareness about Rights and Entitlements. Although Ibtada is hand holding women through the process, the ultimate aim is to make them independent and empowered to stand up for themselves. Ibtada has reached over 50,000 households in 400+ villages in Alwar District, Rajasthan.

0 more to go -402 days remaining

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