false
false 0 0

Soni Ovhal

#breadwinner#positive
Soni needs credit to expand her beauty parlor.

Beautypreneur

Beed, Maharashtra

25,000 has been disbursed

409 potential days of livelihood i

15,277.77 is the current outstanding balance

100 0 0 9722 0 0

100%

0%

0%


Soni Ovhal lives with a family of three. She owns a beauty parlor in Beed, Maharashtra. She is looking to expanding the business. This loan will enable her to purchase new cosmetics for her parlor and reach out to more customers. Expanding the business would mean a higher income for the family. This credit would help in making her dreams come true.

I wish to improve my skills and expand my business.

About Soni Ovhal's livelihood

Soni is a beautypreneur who works 9 hours a day for 7 days a week. With this loan Soni 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

Beauty parlour

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

A

Financial
Profile i

A

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.

0 more to go -203 days remaining

added to cart