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Gita

Devi

Retailpreneur

Kishan ganj, Bihar

409 livelihood days

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

Gita

Devi

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

Retailpreneur

Bihar

409 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Gita

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!

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.

Interest Rate

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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Retail store

Investee Credit Rating:
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