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Sheikh Moidun Nilufar

#ambitious#determined
Nilufar wishes to upscale the demand of traditional fabrics.

Retailpreneur

Kamrup, Assam

50,000 has been disbursed

390 potential days of livelihood i

37,499.96 is the current outstanding balance

100 0 0 12500 0 0

100%

0%

0%


Weave India is a handloom brand that promotes traditional weavers of Assam. These weavers are the real people behind the production of the Mekhela Chadors. It is a highly sought after fabric. Nilufar works with a cluster of women weavers and soon understood that these fabrics have seasonal & occasional demands and need modern intervention. In the last six-seven years she has been working closely with women weavers to make utility products from traditional fabrics. Since then there has been a surge in demand for her clothing products. A loan will help her meet the production requirement. Invest in Nilufar as she works to popularize the traditional fabrics of Assam.

I wish to work with the local weavers of Assam and create livelihoods for them.

About Sheikh Moidun Nilufar's livelihood

Sheikh is a retailpreneur who works 10 hours a day for 6 days a week. With this loan Sheikh will potentially obtain employment for 390 days.

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

Investee
pays i

2.3% flat p.a.

4.2% APR

Social
Investor i

2.3%

4.2% APR

Impact
Partner i

up to 0.0%

0.0% APR

Platform
charges i

0.0%

0.0% APR

The interest rate displayed here is based on the rate chosen by you. To choose a different rate, please click here.

The following section provides a detailed view of the investee loan requirement.

Loan
amount

50,000

Loan
tenure

24 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Apparel 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

B

Financial
Profile i

A

Dhriiti-The Courage Within

Established in

2004

With Rang De from

2020

Founded by

Anirban Gupta, Nidhi Gupta, Arindam Dasgupta

Project Her&Now, GIZ: Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) GmbH is implementing the project 'Economic Empowerment of Women Entrepreneurs and Start-ups by Women' on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ) and in partnership with the Ministry of Skill Development and Entrepreneurship (MSDE), Government of India, to support aspiring and existing women entrepreneurs in India. Under the name of 'Her&Now', the project aims to contribute to a more enabling environment for women-led enterprises in India. Dhriiti - The Courage Within, founded in 2004, is a non-profit organisation working for the promotion of entrepreneurship across the country. With a vision to create financial, social, and ecologically (FSE) impactful entrepreneurs and enterprises and generate sustainable livelihoods, Dhriiti works with women, youth, children, and communities in economic crisis (CiEC); to build the spirit of entrepreneurship among Indian youth and to provide training on entrepreneurship skills, build businesses and deliver activities to grow local economies. Dhriiti has worked in 27 states across India to equip people from diverse socio-economic backgrounds with a strong focus on women entrepreneurs. With extensive knowledge and experience in working at different regions of India, Dhriiti continues to deliver the service of incubating women entrepreneurs in India through different projects like Ekta, YouStart NE, Project Pragati, WeCan, Beautypreneur and Project Her&Now

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