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Kamla

Retailpreneur

Jhansi, Uttar Pradesh

195 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Kamla

#breadwinner#hardworking
Support Kamla to complete the construction of her tailoring shop.

Retailpreneur

Uttar Pradesh

195 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Kamla

Kamla has been working as a construction laborer for the past two years, and during this time she has also been learning to sew and make garments for women. She has now completed her learning and is excited to set up a tailoring shop of her own. The loan will be used to buy essential items for stitching and meeting the shop's construction expenses. On the rare occasion that a client pays her in advance, she uses the money to support her family; generally clients pay her at the end of the month, and Kamla supports her family by working as a construction laborer. This loan will help her to open her own tailoring shop and become self-employed!

About Kamla 's livelihood

Kamla is a retailpreneur who works 5 hours a day for 6 days a week. With this loan Kamla will potentially obtain employment for 195 days.

Interest Rate

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

Apparel 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