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Deepa Devi

Bhadauriya

logoRetailpreneur

logo Niwari, Madhya Pradesh

logo 40,000 has been disbursed

logo 364 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Deepa Devi

Bhadauriya

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

logoRetailpreneur

logo Niwari, Madhya Pradesh

logo 40,000 has been disbursed

logo 364 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

20,009.44 is
the current outstanding balance

59.97 10.03 30 19991 10000 3343

60%

30%

10%


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!

I wish to lead a happy and financially stable life with my 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.

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

40,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Retail store

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