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Rajni Kumari

#strength#breadwinner
Rajni needs credit to expand her business by stocking up her store.

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%


Rajni Kumari is an entrepreneur. She owns a Kirana shop in Nawada, Bihar. The revenue from this business serves as an income for this family of eight. Rajni wishes to expand her business and is seeking credit for the same. She needs to restock and renovate her store. The added products will allow her to reach out to a variety of customers. Support Rajni's dreams of being a successful entrepreneur.

I wish to open a big Kirana store.

About Rajni Kumari's livelihood

Rajni is a retailpreneur who works 6 hours a day for 7 days a week. With this loan Rajni 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

A

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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