false
false 0 0 tm2KVMiZtL

Arti

Service Entrepreneur

Jhansi, Uttar Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Arti

#resilient#hustler
Support Arti to renovate her flour mill and purchase new stocks.

Service Entrepreneur

Uttar Pradesh

364 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Arti

Arti is a hardworking woman who has just restarted her life from scratch to build a new future for herself. After getting married and having kids, she decided to take up a job as a construction worker in her hometown of Jhansi. Working as a construction laborer means having to leave home early every day. She works steadily, and day by day has earned a good reputation. Her income is primarily self-generated. She has a small flour mill which she has been running for the past two years. She is applying for a loan to repair her mill and purchase raw materials to restart her business. Arti wants to work hard and earn a decent living. She has the will to do so but finds it difficult to find a way. Your support in the form of this loan will greatly help Arti find a way forward.

About Arti 's livelihood

Arti is a service entrepreneur who works 8 hours a day for 7 days a week. With this loan Arti 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. Arti 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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Construction

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.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS