₹ 5,551.54 is
the current outstanding balance
78%
0%
0%
22%
Prianka is a successful entrepreneur and the breadwinner of her family. She runs a small tailoring business in Beed, Maharashtra which provides her and her family a livelihood. She needs credit to purchase new sewing machine and an electric motor that would support her in her business. Invest in Prianka, a self made entrepreneur to support her in her venture.
Prianka is a retailpreneur who works 6 hours a day for 6 days a week. With this loan Prianka will potentially obtain employment for 234 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Prianka Utreshwar Bavkar 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
Apparel store
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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