Guriya is a hard-working woman. Her income is meager but she is ready to work hard in order to improve her family's economy. In fact, through this loan, Guriya plans to buy a bunch of goats for breeding. Selling goat milk will bring her additional profit. In the years to come, she will be able to use this added income to fulfill her dream of constructing a house for her family. Invest in Guriya's venture and enable her to become a key contributor to her family.
Guriya is an agripreneur who works 8 hours a day for 6 days a week. With this loan Guriya 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. Guriya 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
Animal husbandry
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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