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Janaki

Devi

Food Entrepreneur

Kishanganj, Bihar

455 livelihood days

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

Janaki

Devi

#courageous#ambitious
Invest in Janaki as she needs to purchase items for her retail store.

Food Entrepreneur

Bihar

455 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Janaki

Janaki Devi is an active participant in her village in KishanGanj, Bihar. She has been running a bakery for over five years now. Janaki wants to grow her business bigger but she is now running out of supplies and food items. She needs to purchase raw materials for making foods, a refrigerator, and a few items to decorate her shop. She hopes for an increase in income through this expansion. You can support her mission and have your own share in helping her impact other people through contributing towards the growth of her family's business. Invest in her now!

About Janaki Devi's livelihood

Janaki is a food entrepreneur who works 10 hours a day for 7 days a week. With this loan Janaki will potentially obtain employment for 455 days.

Interest Rate

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

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Food stall

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