false
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Durgavati

Devi

logoAgripreneur

logo Bahraich, Uttar Pradesh

logo 50,000 has been disbursed

logo 227 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Durgavati

Devi

#breadwinner# hardworking
Durgavati needs credit to purchase a buffalo.

logoAgripreneur

logo Bahraich, Uttar Pradesh

logo 50,000 has been disbursed

logo 227 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

28,812 is
the current outstanding balance

100 0 0 21188 0 0

100%

0%

0%


Durgavati Devi is a hard-working woman who knows perseverance, and this is what sets her apart from many others. She lives with her family of 5 in the district of Bahraich in Uttar Pradesh; this has required a significant investment from Durgavati.Durgavati has been involved with dairy farming and animal husbandry units for the past 5 years. Through her hard work and dedication, she has been able to grow her business and make a good profit. However, Durgavati's income is not enough to meet all her family's needs on time. She is looking to take a loan to purchase a buffalo.Invest in Durgavati as she acquires a milch buffalo and starts a new business.

I wish to open a new animal husbandry business.

About Durgavati Devi's livelihood

Durgavati is an agripreneur who works 5 hours a day for 7 days a week. With this loan Durgavati will potentially obtain employment for 227 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

Animal husbandry

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