false
false 0 0 zdSFKbt1nR

Shaikh

Shabana Shaukat

Service Entrepreneur

Beed, Maharashtra

318 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Shaikh

Shabana Shaukat

#believer#breadwinner
Shabana needs credit to explore her business interests.

Service Entrepreneur

Maharashtra

318 potential days of livelihood

25,000 loan is fully repaid

25,000 loan is fully repaid


About Shaikh

Shabana lives with a family of three. She owns a store in Beed, Maharashtra where she sells sarees. She is looking to expanding the business by restocking the collection of sarees in her store. Expanding the business would mean a higher income for the family. She hopes to continue to support her husband in providing for the family by running a successful business. This credit would help in making her dreams come true.

About Shaikh Shabana Shaukat's livelihood

Shaikh is a service entrepreneur who works 7 hours a day for 7 days a week. With this loan Shaikh will potentially obtain employment for 318 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Shaikh Shabana Shaukat 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:
Good

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