Rohini is an entrepreneur. She owns a retail outlet in Beed, Maharashtra. The revenue from this business serves as an income for this family of four. Rohini wishes to expand her business and is seeking credit to restock the grocery products for her store. She wishes to save her profits from her retail business to provide a better education for her children. Help Rohini improve her family income by making her dreams come true.
Rohini is a retailpreneur who works 10 hours a day for 7 days a week. With this loan Rohini will potentially obtain employment for 455 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Rohini Aglave 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
Retail 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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