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Babitadevi

Horilal Bind

Agripreneur

Nandurbar, Maharashtra

273 livelihood days

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Babitadevi

Horilal Bind

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Babitadevi needs a handcart to sell vegetables.

Agripreneur

Maharashtra

273 potential days of livelihood

10,000 loan is fully repaid

10,000 loan is fully repaid


About Babitadevi

Babitadevi Horilal Bind lives in the district of Nandurbar in the rural state of Maharashtra and is the only support of her family. She has been involved in agriculture and sale of agricultural products for the last three years. She sells fresh vegetables in her house and is steadily earning money through her business, but it's not yet enough to provide for her family's basic needs. With a dream to start a big vegetable shop, Babitadevi wishes to avail a loan to purchase a hand cart, which will allow her to transport her goods and reach potential customers. Invest in Babitadevi as she wants to expand her business to a new level.

About Babitadevi Horilal Bind's livelihood

Babitadevi is an agripreneur who works 6 hours a day for 7 days a week. With this loan Babitadevi will potentially obtain employment for 273 days.

Interest Rate

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

Loan Details

The following section provides a detailed view of the investee loan requirement.

Loan
amount

10,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Agro products

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