Gagan is a resident of Niwari and a hard-working woman. She is an ambitious entrepreneur who has a store made up of women's apparel. With the help of this loan, she will be able to purchase new clothes and materials to expand her business, and also, to cater to her customers' every need. She's a strong and determined lady, who is always willing to stand up for what she believes in. With your support, she will grow and build a future for herself and her family. Support her now!
Gagan is a retailpreneur who works 8 hours a day for 6 days a week. With this loan Gagan will potentially obtain employment for 312 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Gagan Kushwaha 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
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
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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