false
false 0 0 daFCk2fHTR

Rekha

Sumantrao Vidyagar

Service Entrepreneur

Beed, Maharashtra

409 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Rekha

Sumantrao Vidyagar

#hardworking#gogetter
Rekha needs credit to expand her tailoring business.

Service Entrepreneur

Maharashtra

409 potential days of livelihood

25,000 loan is fully repaid

25,000 loan is fully repaid


About Rekha

Rekha lives in Beed, Maharashtra where she is an entrepreneur. She receives income from running a small tailoring store. She is looking to expand this business so that she can enhance her livelihood. She will use this credit to purchase a new motor and a new sewing machine. Invest in Rekha so that she can expand her business.

About Rekha Sumantrao Vidyagar's livelihood

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

Interest Rate

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

Loan Details

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

Investee Credit Rating:
Adequate

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

Navchetana Sarvagin Vikas Kendra
   
Partner logo

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.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS