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Rekha Sumantrao Vidyagar

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

Service Entrepreneur

Beed, Maharashtra

25,000 has been disbursed

409 potential days of livelihood i

18,055.55 is the current outstanding balance

83.33 0 16.67 6944 1389 0

83%

17%

0%


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.

I wish to give a good future for my children.

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.

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

25,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Others

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

 

B

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

B

Navchetana Sarvagin Vikas Kendra

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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