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Gita

Devi

logoRetailpreneur

logo Kishan ganj, Bihar

logo 30,000 has been disbursed

logo 409 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img b-img

Gita

Devi

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Gita needs to stock up her retail store and expand her business.

logoRetailpreneur

logo Kishan ganj, Bihar

logo 30,000 has been disbursed

logo 409 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

20,009.44 is
the current outstanding balance

79.92 0 20.08 9991 2509 0

80%

20%

0%


Gita Devi is a resident of Kishan ganj and she works in the retail business. She has been running this business for over six years now. In a family of five, Gita takes care of everyone, starting from her parents to her children. She is a hard-working lady who likes to help other people. She runs a retail store where she sells household items to earn a living. She wants to expand her business to enhance her income. But she lacks working capital. This loan will support her to purchase new inventories to supply to her customers. With this, she will increase her profits and make a better living. Invest in Gita's retail store now!

I wish to give a good education to my children.

About Gita Devi's livelihood

Gita is a retailpreneur who works 9 hours a day for 7 days a week. With this loan Gita will potentially obtain employment for 409 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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Retail store

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.

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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0