false
false 0 0 gLkyR8XWmi

Jyoti

Kumari

Service Entrepreneur

Kishan Ganj, Bihar

364 livelihood days

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

Jyoti

Kumari

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Jyoti needs credit to buy binding machine, fan, and LED for her repair shop.

Service Entrepreneur

Bihar

364 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Jyoti

Jyoti has been into repairing works for many years now. Jyoti is quite experienced in repairing electrical items, but she has not had enough materials for her business. To gain her own business space and to provide better services to her customers, Jyoti has applied for credit to purchase a binding machine, a fan, and a few LED bulbs which will help her run her business smoothly. With the help of this loan, Jyoti will be able to reach out to more customers and enhance her income. Invest in Jyoti's business now!

About Jyoti Kumari's livelihood

Jyoti is a service entrepreneur who works 8 hours a day for 7 days a week. With this loan Jyoti 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. Jyoti Kumari 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

Repair works

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