Asha is a woman with a vision. She lives in Niwari, Madhya Pradesh with her family. Asha needs a loan to buy a buffalo. This will help her upscale her animal husbandry business. The additional income produced by selling buffalo milk will also benefit her and allow her to build a sound future for her children. Have your own share in supporting Asha's mission towards developing herself and impacting other people through contributing to the growth of her family's business.
Asha Devi is an agripreneur who works 6 hours a day for 7 days a week. With this loan Asha Devi will potentially obtain employment for 273 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Asha Devi Kushwaha 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
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
Animal husbandry
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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