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Kavita

Devi

logoBeautypreneur

logo Jhansi, Uttar Pradesh

logo 30,000 has been disbursed

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

b-img b-img b-img

Kavita

Devi

#ambitious#achiever
Invest in Kavita to purchase essential items for her beauty parlour.

logoBeautypreneur

logo Jhansi, Uttar Pradesh

logo 30,000 has been disbursed

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

7,500 is
the current outstanding balance

100 0 0 22500 0 0

100%

0%

0%


Kavita is an ambitious woman who is running a beauty parlour in Jhansi, Uttar Pradesh. She has been bound by the responsibility of family and housekeeping since her childhood, and has finally, after many years, decided to accomplish her dreams. Kavita is a resident of Jhansi, a city that celebrates art and culture, and serves as a home for many who work in the beauty parlour industry. Looking at the current level of business, Kavita's beauty parlour has gained popularity in the city. Many men, women, and children are attracted to the parlour. It is her desire to purchase essential items for the beautification of her clients, as well as for her own makeup kits at the parlour. With the assistance of this loan, Kavita will be able to fulfil her dreams of running a beauty parlour and working alongside her family members. Support her dream to become a successful entrepreneur!

I wish to become a successful entrepreneur.

About Kavita Devi's livelihood

Kavita is a beautypreneur who works 8 hours a day for 7 days a week. With this loan Kavita 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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Beauty parlour

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.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0