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Kavita

Devender

Service Entrepreneur

Jhajjar, Haryana

409 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Kavita

Devender

#achiever#believer
Support Kavita's apparel store as she expands it.

Service Entrepreneur

Haryana

409 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Kavita

Kavita lives in the district of Jhajjar in Haryana, with her family. She runs an apparel store and has been doing so for the past four years. She knows the value of time, and with every passing minute, she's cognizant that time is valuable. She's invested her four years of work into her store and is looking to expand it further by purchasing more ladies' suit materials. With more female customers for her shop, she hopes that the new investment will satisfy their needs. Invest in Kavita as she runs her business successfully!

About Kavita Devender's livelihood

Kavita is a service entrepreneur who works 9 hours a day for 7 days a week. With this loan Kavita will potentially obtain employment for 409 days.

Interest Rate

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

Others

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