false
false 0 0 tm2KVMiZtL

Arti

logoService Entrepreneur

logo Jhansi, Uttar Pradesh

logo 30,000 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

Arti

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

logoService Entrepreneur

logo Jhansi, Uttar Pradesh

logo 30,000 has been disbursed

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

7,500 is
the current outstanding balance

90 0 10 22500 2500 0

90%

10%

0%


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.

I wish to purchase more machines to increase production and employ workers.

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.

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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Construction

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