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Divya Chandrakant

Patil

Beautypreneur

Nandurbar, Maharashtra

234 livelihood days

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Divya Chandrakant

Patil

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Support Divya as she purchases essential equipment for her beauty parlour.

Beautypreneur

Maharashtra

234 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Divya Chandrakant

Divya Chandrakant Patil has been running her beauty parlour business in Nandurbar for the past three years. The idea of starting this business came to her in a mere while. Thanks to her quality products, she has been able to gain a lot of clientele within a short period of time. Although Divya's beauty parlour business is doing fairly well, she wishes to expand her business further by implementing the usage of some essential equipment. She will use the loan to purchase essential equipment such as hair spas and care machines and quality products for facial kits and waxing services. With the proper equipment, Divya will be able to improve her business, secure some more clients, and expand her business to more locations. Invest in Divya Chandrakant Patil as she expands her beauty parlour business.

About Divya Chandrakant Patil's livelihood

Divya Chandrakant is a beautypreneur who works 6 hours a day for 6 days a week. With this loan Divya Chandrakant will potentially obtain employment for 234 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Divya Chandrakant Patil 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

Beauty parlour

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