false
false 0 0 2oJHANFmDr

Kamla

Retailpreneur

Tikamgarh, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Kamla

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

Retailpreneur

Madhya Pradesh

364 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Kamla

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.

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.

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

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Retail 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.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS