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Chhaya

Devi

Retailpreneur

Jhansi, Uttar Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Chhaya

Devi

#hardworking#dedicated
Chhaya needs a loan to restock supplies in her general store.

Retailpreneur

Uttar Pradesh

364 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Chhaya

Chhaya Devi is a resident of Jhansi, Uttar Pradesh. Currently, she owns a general store where she sells groceries, food items, and other household items. She has experienced good growth in her business and has now earned a solid reputation among her customers. This loan will support her in restocking her supply stock. This will help Chhaya to further expand her business with a small investment. She is enthusiastic and passionate about growing her own business and earning enough income for her family.

About Chhaya Devi's livelihood

Chhaya is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Chhaya 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. Chhaya Devi 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

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Retail 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