false
false 0 0 UwRQP1CJGy

Hina

Begam

Retailpreneur

Kishan Ganj, Bihar

20,000 has been disbursed

364 livelihood days

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

Hina

Begam

#Hardworking#noble
Hina needs a loan to restock her general store.

Retailpreneur

Bihar

20,000 has been disbursed

364 potential days of livelihood

4,591.04 is
the current outstanding balance

77.04 0 0 22.96 15409 0 0 4591

77%

0%

0%

23%


About Hina

Hina is a resident of Kishan Ganj, a hard-working woman and a mother of five, who works hard to maintain a good lifestyle for her family. Hina has been running her business for five years and has been successful in acquiring a good clientele and making a profit. Though Hina is successful in her pursuits, she has to deal with obstacles caused by a lack of capital. These hurdles are hampering her progress; the absence of capital has limited her access to new products. Hina's savings are not enough to purchase the goods that are required to restock her retail store. Hina is in need of a loan to purchase fresh stocks. This loan will enable Hina to purchase new goods and grow her business.

About Hina Begam's livelihood

Hina is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Hina 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. Hina Begam 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

20,000

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.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS