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Deepa Devi

Bhadauriya

Retailpreneur

Niwari, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Deepa Devi

Bhadauriya

#breadwinner#hardworking
Support Deepa to purchase stocks and renovate her retail store.

Retailpreneur

Madhya Pradesh

364 potential days of livelihood

40,000 loan is fully repaid

40,000 loan is fully repaid


About Deepa Devi

Deepa started a retail store after borrowing the first loan, she was able to purchase stocks and renovate her store. Due to her honesty and hard work, she was able to increase her customer base. This high demand created an impulse on the market, Deepa purchased more stocks, but could not keep up with the customer orders, so she decided to take a second loan from Rang De. With this loan, she will be able to renovate her retail store, purchase new stocks, and work towards enhancing her income. Support Deepa as she supports her family!

About Deepa Devi Bhadauriya's livelihood

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

40,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Retail store

Investee Credit Rating:
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