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Afsana

Begam

logoCreative Entrepreneur

logo Tikamgarh, Madhya Pradesh

logo 50,000 has been disbursed

logo 318 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Afsana

Begam

#breadwinner#hardworking
Afsana needs a loan to buy raw materials for her tailoring work.

logoCreative Entrepreneur

logo Tikamgarh, Madhya Pradesh

logo 50,000 has been disbursed

logo 318 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

20,654 is
the current outstanding balance

100 0 0 29346 0 0

100%

0%

0%


Afsana Begum has been in this line of work for a long time. She has experience in not only stitching clothes but also in embroidery work. She has been running her own business for many years. Afsana is a hard-working woman; her passion for her work inspires her to look for newer methods to achieve greater success. She has never faced financial problems and is very confident about paying off the loan. She aspires to do more. Will you help her achieve her goals?

My dream is to enjoy a secure future with my family.

About Afsana Begam's livelihood

Afsana is a creative entrepreneur who works 7 hours a day for 7 days a week. With this loan Afsana will potentially obtain employment for 318 days.

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

Investee
pays The rate of interest charged to the investee

8.00% flat p.a.

14.40% APR

Social
Investor The rate of return an investor makes

3.20%

5.76% APR

Impact
Partner The rate of return an impact partner makes

up to 3.20%

5.76% APR

Platform
charges The charges, the platform incurs by offering it's services

1.60%

2.88% APR

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

Loan
amount

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Embroidery

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

Indian Micro Enterprises Development Foundation
   view website

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.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0