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Anita

Devi

logoRetailpreneur

logo Bahraich, Madhya Pradesh

logo 50,000 has been disbursed

logo 364 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Anita

Devi

#breadwinner#hardworking
Anita wants to expand her grocery business

logoRetailpreneur

logo Bahraich, Madhya Pradesh

logo 50,000 has been disbursed

logo 364 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

37,499.87 is
the current outstanding balance

100 0 0 12500 0 0

100%

0%

0%


Anita Devi has been running a grocery store for the past 4 years in the district of Bahraich in the state of Uttar Pradesh. Despite the income that Anita Devi makes from her business, she struggles to meet all her family's needs on time. With a dream of providing for a better and secure future for her family, Anita Devi is looking to expand her business further. She's looking to raise a loan to buy soap and detergent, biscuits, stationery, spices, and rice and pulses. Invest in Anita Devi's profile today!

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

About Anita Devi's livelihood

Anita is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Anita 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.

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

4.80%

8.64% 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

0.00%

-0.00% 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

Retail store

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