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Aruna

Devi

logoRetailpreneur

logo Kishan Ganj, Bihar

logo 50,000 has been disbursed

logo 455 livelihood days i

b-img b-img b-img b-img

Aruna

Devi

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Aruna Devi is keen to add more clothing items to her apparel store.

logoRetailpreneur

logo Kishan Ganj, Bihar

logo 50,000 has been disbursed

logo 455 potential days of livelihood i

45,818.38 is
the current outstanding balance

100 0 0 4182 0 0

100%

0%

0%


Aruna Devi is a hardworking woman who is one of the few woman entrepreneurs in her locality. She owns an apparel store in Kishan Ganj and sells a wide range of clothing items. She wants to move ahead with her business, increase her client base, and make her business stronger. She is looking for a loan to purchase more clothing items, but she doesn't have enough funds to purchase her stocks. A loan will enable her to purchase the clothes as per her customers' demands. This assistance will increase the profits she makes. Invest in her as she continues to sell clothing items.

I wish to start a big textile shop in the city.

About Aruna Devi's livelihood

Aruna is a retailpreneur who works 10 hours a day for 7 days a week. With this loan Aruna will potentially obtain employment for 455 days.

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

Investee
pays i

8.00% flat p.a.

14.40% APR

Social
Investor i

3.20%

5.76% APR

Impact
Partner i

up to 3.20%

5.76% APR

Platform
charges i

1.60%

2.88% 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 i

Investee
occupation

Apparel store

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit bureau score i

No credit history available

 

Rang De confidence score

 i


B

Partner Rating i

B

Loan Profile i

A

Financial Profile i

A

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