false
false 0 0 cdknApWpWX

Gita

Shivakumar Bharati

logoCreative Entrepreneur

logo Nandurbar, Maharashtra

logo 10,000 has been disbursed

logo 273 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Gita

Shivakumar Bharati

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Gita needs to purchase a sewing machine to expand her business.

logoCreative Entrepreneur

logo Nandurbar, Maharashtra

logo 10,000 has been disbursed

logo 273 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

4,998.52 is
the current outstanding balance

100 0 0 5001 0 0

100%

0%

0%


Gita's is an inspiring story of a woman who was able to do something about herself and her family. With her exceptional skills in embroidery and her talent for excellent craftsmanship, her skills are highly demanded and she can command a fee that is beyond any other craftsman in the market. However, she cannot merely expand her business and invest in her family's future by frequently buying new threads and getting a new set of tools because of the financial crisis faced by her husband, who is a daily wage labourer. Gita is determined to build a better future for her children and needs the credit to purchase a sewing machine which will help her improve both the quality of her work and the quantity of her output. With the help of this loan, she can now purchase a sewing machine, threads and other basic necessities to expand her business.

My dream is to enjoy a secure future with my family.

About Gita Shivakumar Bharati's livelihood

Gita is a creative entrepreneur who works 6 hours a day for 7 days a week. With this loan Gita will potentially obtain employment for 273 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

10,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Embroidery

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.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0