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Chanda

Devi

logoAgripreneur

logo Jhansi, Uttar Pradesh

logo 20,000 has been disbursed

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

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Chanda

Devi

#dedicated# rolemodel
Chanda Devi wishes to add three goats to her animal husbandry unit.

logoAgripreneur

logo Jhansi, Uttar Pradesh

logo 20,000 has been disbursed

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

4,999.97 is
the current outstanding balance

90 0 10 15000 1667 0

90%

10%

0%


Chhada Devi is a hard working mother. She lives in the state of Uttar Pradesh, Jhansi to be exact, which serves as a home for many farmers; Chanda Devi owns an animal husbandry unit and spends a lot of her time caring and breeding them. When several challenges came her way, Chanda determinedly stood against them with great perseverance. With the support of this loan, Chanda will purchase more goats for breeding so that she can add to her monthly income, and better provide for her family. Invest in Chanda to support her mission of improving her family's life.

I wish to become a successful entrepreneur.

About Chanda Devi's livelihood

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

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Animal husbandry

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