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Durpati

Devi

Retailpreneur

Kishan Ganj, Bihar

390 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4

Durpati

Devi

#passionate#achiever
Support Durpati as she needs grocery items and freezer for her store.

Retailpreneur

Bihar

390 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Durpati

Durpati Devi is a retailer who sells grocery items in Kishan Ganj, based in Bihar. Durpati has been working in retail for the past two years. She has had limited success due to the lack of funds, which has put a limit on her business growth. Now, she wishes to expand her business by purchasing more grocery items and a freezer for the shop. She hopes to increase her business with this investment and enhance her income to lead a better life. Support Durpati as she takes her business to new heights!

About Durpati Devi's livelihood

Durpati is a retailpreneur who works 10 hours a day for 6 days a week. With this loan Durpati will potentially obtain employment for 390 days.

Interest Rate

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

Retail store

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