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false 0 0 2oJHANFmDr

Kamla

logoRetailpreneur

logo Tikamgarh, Madhya Pradesh

logo 50,000 has been disbursed

logo 364 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Kamla

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Invest in Kamla as she purchases groceries for her retail store.

logoRetailpreneur

logo Tikamgarh, Madhya Pradesh

logo 50,000 has been disbursed

logo 364 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

33,333.32 is
the current outstanding balance

100 0 0 16667 0 0

100%

0%

0%


Kamla is a resident of the district of Tikamgarh in Madhya Pradesh. She owns a retail store and earns a living from selling groceries and other household items. She has been in the retail business for the past two years now. The income she makes is barely enough for her family to make ends meet; this requires her to take out a loan to purchase more grocery items for her store and meet the demands of her customers. She hopes to earn more profits through this addition. Invest in Kamla as she enhances her income.

I wish to give a good future to my children.

About Kamla 's livelihood

Kamla is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Kamla will potentially obtain employment for 364 days.

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

Investee
pays The rate of interest charged to the investee

8.00% flat p.a.

14.40% APR

Social
Investor The rate of return an investor makes

3.20%

5.76% APR

Impact
Partner The rate of return an impact partner makes

up to 3.20%

5.76% APR

Platform
charges The charges, the platform incurs by offering it's services

1.60%

2.88% APR

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 Equated Monthly Instalment

Investee
occupation

Retail store

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

Indian Micro Enterprises Development Foundation
   view website

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

Your Investees

Total Lives Impacted

0

Days of Livelihood

0