₹ 3,320.5 is
the current outstanding balance
83%
0%
0%
17%
Aasha Devi Ahirwar owns a small retail shop in Jhansi which sells cosmetic items. She has been in this business for five years. She wishes to expand her business and is looking for a loan to purchase further products. She plans to purchase more bangles and other cosmetic items that are highly demanded by girls and women. Invest in Aasha's retail shop business and support her to secure a better future for her family.
Aasha is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Aasha will potentially obtain employment for 364 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Aasha Devi Ahirvar has consented to pay the interest as below:
Investee
pays
8.00% flat p.a.
14.40% APR
Social
Investor
4.80%
8.64% APR
Platform
charges
3.20%
5.76% APR
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 20,000
Loan
tenure
12 months
Moratorium
None
Repayment
mode
EMI
Investee
occupation
Retail store
Established in
1995
With Rang De from
2021
Founded by
Dr.Ashok Khosla
Indian Micro Enterprises Development Foundation (IMEDF) is a social enterprise promoted by Development Alternatives Group with a vision to promote inclusive growth and inspire environmental sustainability through development of micro - enterprises.
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