About Ujwala Shivaji
Ujwala is the sole earner in her family of 4. She requires a loan to construct her house. Being a domestic worker, she has very limited savings. She wishes to educate her daughter despite the odds. Help Ujwala achieve her goals.
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0
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JTiVVaWBnY
Ujwala Shivaji
Dhule
Ujwala Shivaji
Dhule
Ujwala needs credit to construct her home.
₹ 26,514.58 is
the current outstanding balance
73.49
0
5.56
20.96
73485
0
5555
20959
73%
0%
6%
21%
Interest Rate
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Ujwala Shivaji Dhule has consented to pay the interest as below:
Investee
pays
5.50% flat p.a.
9.90% APR
Social
Investor
2.00%
3.60% APR
Platform
charges
3.50%
6.30% APR
Loan Details
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 1,00,000
Loan
tenure
36 months
Moratorium
None
Repayment
mode
EMI
Investee
occupation
Domestic worker
Co-curated and referred by our Impact Partner
Snehalaya
Maharashtra
Partner since 2020
About
Snehalaya works towards developing awareness and capabilities of individuals who have been deprived of their fundamental rights, as a result of the inequalities that exist in our society. The agency provides rescue, rights and rehabilitative services to the communities in most need. They are now working with Curry Stone Design Collaborative and Hunnarshala Foundation on a redevelopment program for the slums of Sanjaynagar in Ahmednagar.
Impact Narrative
This partnership will enable 298 families of Sanjaynagar in Ahmednagar to become proud owners of their dream homes.
Rs 25,40,000
Disbursed
27
Investees
88.0%
Repayments
At a time when most banks and micro-finance institutions turned the residents of Sanjaynagar away, our partnership with Rang De has enabled us to introduce our community members to formal sources of credit for the first time.
- Hanif Shaikh, Assistant Director- Education, Snehalaya
18 Social Investors supporting Ujwala Shivaji Dhule
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