Geeta has been running a poultry farm for over seven years to support her family of four. Now, she wishes to expand her farm by purchasing some more birds. She needs a small interest loan from Rang De for the same and it will also be used to provide better care for her birds. She believes that this expansion would enhance her income and enable her to provide a quality life for her family. Support Geeta today!
Geeta is a service entrepreneur who works 4 hours a day for 7 days a week. With this loan Geeta will potentially obtain employment for 182 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Geeta 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
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 30,000
Loan
tenure
12 months
Moratorium
None
Repayment
mode
EMI
Investee
occupation
Others
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.
Share Geeta's profile
Invite your family and friends to view Geeta's profile on Rang De
