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Bimla

Devi

logoAgripreneur

logo Sant Ravi Das Nagar, Uttar Pradesh

logo 30,000 has been disbursed

logo 273 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img b-img

Bimla

Devi

#resilient#achiever
Bimla needs credit to purchase tools and equipment for the upcoming farming season.

logoAgripreneur

logo Sant Ravi Das Nagar, Uttar Pradesh

logo 30,000 has been disbursed

logo 273 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

12,498.84 is
the current outstanding balance

100 0 0 17501 0 0

100%

0%

0%


Coming from a humble background, Bimla Devi is an able and hard-working woman who has battled several problems in her life and managed to persevere. She is an experienced farmer who provides for her family of five. With this loan, she will be able to purchase tools and equipment for the upcoming farming season and begin producing more than what she could produce last season. She will sell these at a higher price in the market and earn a good profit. Support Bimla today to have a successful farming season!

I wish to explore better farming methods to enhance the yield.

About Bimla Devi's livelihood

Bimla is an agripreneur who works 6 hours a day for 7 days a week. With this loan Bimla 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.

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

3.20%

5.76% 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

1.60%

2.88% 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 Equated Monthly Instalment

Investee
occupation

Agro products

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.

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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0