Darshna Rajeshkumar Dave
Loan requested $272.73
Loan issued $272.73
Funds raised $272.73
Funds released $0.00
Sector Retail
Repayment term in months 12.0


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About Darshna Rajeshkumar Dave

Darshna may look like any other normal woman of her area doing routine household work from morning to night but there is something which makes her different from others. She has amazing will power to fight the financial constraints her family is facing. She works hard to support her family. She runs home based spices and snacks selling business. She purchases the supplies from wholesale market and then sells them door to door. She wants to sell more products as asked by customers and hence she has requested a microloan. She has two school going children to take care. Note: Government regulations in India permit our partner to repay funds sent by UnitedProsperity.org only after 3 years. On the other hand many individual lenders like to get repaid sooner. To make repayments to individual lenders in line with the loan term specified on the borrower profile we will publish additional borrower profiles and the funds raised for these borrowers will be used for making repayments to lenders who had funded borrowers in previous months. In case we are unable to raise funds in time for the additional borrower profiles, then the repayments to lenders could get delayed by a few months in certain cases and upto a maximum of 3 years. We want you to be aware of the risk of delayed repayment for loans from India. The delayed repayment risk gets mitigated if there are new lenders coming to fund loans. Hence please invite your friends and family to join you in lending.


Partner MFI
Name: Prayas Year Founded: 1997
Partner Since: 2013 Interest Rate: 26.0 %
Target Clients: Women and Socio-economically deprived
Repayment overview

Total Funded Amount = $272.73
Total Loan Amount = $272.73

Repayment Overview chart

Note: This chart indicates the repayment by entrepreneurs on the principal amount. The actual repayment amounts include the interest on the loan and will be different.
Progress Report
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Funders to this entrepreneur

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Anonymous
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Ozzi
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Anonymous
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parlett
 
 
UnitedProsperity.org is a U.S. 501(c)3 non-profit organization