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Anita

Devi

Service Entrepreneur

Jhajjar, Haryana

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Anita

Devi

#breadwinner#hardworking
Anita Devi needs credit to expand and refurbish her tailoring store.

Service Entrepreneur

Haryana

364 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Anita

Anita Devi is a tailor by profession and is involved in the tailoring business in order to make a living for her family. Anita has a small tailoring store at home where she made garments for people in and around her neighborhood. She has been successful in her business, thereby generating enough income to support her family. This business has helped her to educate her three children. She wants to expand her business by adding new embroidery machines and expand her shop area. Her dream is to expand and change her tailoring shop into a big factory to provide full support to her family members and make their lives easier.

About Anita Devi's livelihood

Anita is a service entrepreneur 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

3.20%

5.76% APR

Platform
charges

4.80%

8.64% 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

Others

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