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Anita

Devi

Retailpreneur

Bahraich, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Anita

Devi

#breadwinner#hardworking
Anita wants to expand her grocery business

Retailpreneur

Madhya Pradesh

364 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Anita

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!

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.

Interest Rate

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

Loan Details

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

Investee
occupation

Retail store

Investee Credit Rating:
Very Good

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

Indian Micro Enterprises Development Foundation
   view website
Partner logo

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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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS