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Kalpana

Aananda Bhoi

Food Entrepreneur

Nandurbar, Maharashtra

318 livelihood days

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Kalpana

Aananda Bhoi

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Kalpana needs credit to renovate her food stall and expand her business.

Food Entrepreneur

Maharashtra

318 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Kalpana

Kalpana Aananda Bhoi is a resident of Nandurbar. She is a hard-working woman, who has been running a small eatery in her local area for the past six years. She is an enterprising person, and is known for her delicious dishes that she serves with lot of love to all her customers. As her locality is seeped in various cultures and traditions, she learned to embrace and adapt to them in order to improve her business. This loan will help Kalpana renovate her food stall and expand her business—and in return it will add to her monthly income, giving her the chance to further invest in her family's future. Have your own share in Kalpana's mission of prospering through her hard work, and contribute to the growth of her family's business.

About Kalpana Aananda Bhoi's livelihood

Kalpana is a food entrepreneur who works 7 hours a day for 7 days a week. With this loan Kalpana will potentially obtain employment for 318 days.

Interest Rate

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

Food 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