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Asha

Devi

Service Entrepreneur

Bahraich, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Asha

Devi

#breadwinner#hardworking
Asha needs credit to operate her ready made gate business

Service Entrepreneur

Madhya Pradesh

364 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Asha

As a woman entrepreneur, Asha Devi has the support of her family in her business venture. Though a mother of 4, she is the most dedicated of women. She has been involved with the business of manufacturing ready-made gates for the past 3 years in Bahraich and has thus far earned a healthy profit. Asha Devi has asked for a loan to purchase aluminium, glass and make more ready-made gates. Having received such a loan in the past, she is delighted to apply for one again in order to purchase more material for her business. She is confident that her previous record of hard work and trustworthiness will serve her well, allowing her to earn a profit and secure the future of her children. Invest in my business of manufacturing ready-made gates by helping me purchase aluminium, glass, and the necessary accessories to make more of these gates. Doing so will allow my business to grow and secure my family's future.

About Asha Devi's livelihood

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

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