false
false 0 0 A7tfpcZcLt

Divya Chandrakant

Patil

logoBeautypreneur

logo Nandurbar, Maharashtra

logo 50,000 has been disbursed

logo 234 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Divya Chandrakant

Patil

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

logoBeautypreneur

logo Nandurbar, Maharashtra

logo 50,000 has been disbursed

logo 234 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

33,333.32 is
the current outstanding balance

80 0 20 16667 4167 0

80%

20%

0%


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.

I wish to hire ladies for help and expand my parlour.

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.

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

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Beauty parlour

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.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0