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Asha

Devi

logoService Entrepreneur

logo Bahraich, Madhya Pradesh

logo 50,000 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

Asha

Devi

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

logoService Entrepreneur

logo Bahraich, Madhya Pradesh

logo 50,000 has been disbursed

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

37,499.87 is
the current outstanding balance

100 0 0 12500 0 0

100%

0%

0%


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.

My dream is to enjoy a secure future with my family.

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.

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

4.80%

8.64% 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

0.00%

-0.00% 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 Equated Monthly Instalment

Investee
occupation

Others

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