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Bebibai Rambhau

Nikwade

Food Entrepreneur

Nandurbar, Maharashtra

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Bebibai Rambhau

Nikwade

#breadwinner#hardworking
Bebibai Rambhau needs credit to purchase grinder machine.

Food Entrepreneur

Maharashtra

364 potential days of livelihood

35,000 loan is fully repaid

35,000 loan is fully repaid


About Bebibai Rambhau

Bebibai Rambhau Nikwade is a hard-working woman who knows perseverance, and this is what sets her apart from many others. She lives in the district of Nandurbar in Madhya Pradesh; this has required a significant investment from Bebibai. She is a food store owner and has been involved in business for the past 10 years. Despite the income that Bebibai makes from her business, she struggles to meet all her family's needs on time. Bebibai wishes to purchase a flour grinding machine in order to grind pulses and other raw materials required for preparing those food items for selling. Bebibai is looking to raise a loan to purchase this flour grinding machine to gain more and better business.

About Bebibai Rambhau Nikwade's livelihood

Bebibai Rambhau is a food entrepreneur who works 8 hours a day for 7 days a week. With this loan Bebibai Rambhau 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. Bebibai Rambhau Nikwade 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

35,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Food store

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