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Hemalata

Subhash Kokani

Retailpreneur

NANDURBAR, Maharashtra

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Hemalata

Subhash Kokani

#breadwinner# hardworking
Hemalata is keen to build her business with this credit.

Retailpreneur

Maharashtra

364 potential days of livelihood

40,000 loan is fully repaid

40,000 loan is fully repaid


About Hemalata

Hemalata Subhash Kokani is a hard-working lady who resides with her family of six in the district of Nandurbar. She has been in business for the past four years and is known for her retail store. Despite her business acumen, it is a struggle for her to meet all her family's needs, especially with the increase of expenses needed for her family's well being. Hemalata wishes to borrow a loan to build up her business further. She's looking forward to giving herself the security she deserves through this loan. Invest in Hemalata as she builds her business further.

About Hemalata Subhash Kokani's livelihood

Hemalata is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Hemalata will potentially obtain employment for 364 days.

Interest Rate

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

40,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Retail store

Investee Credit Rating:
Very 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