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Kranti

.

Retailpreneur

Jhansi, Uttar Pradesh

455 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Kranti

.

#resilient#achiever
Support Kranti's plan to expand her cosmetics store.

Retailpreneur

Uttar Pradesh

455 potential days of livelihood

25,000 loan is fully repaid

25,000 loan is fully repaid


About Kranti

Kranti is a hardworking and enterprising woman who is running a retail store in Jhansi. Her retail store has a reputed name in the region of Jhansi, and with her business being a success, she is now looking to expand her store. She needs a loan to increase her shop's space, buy more stocks, and beautifying items for the store, like glass and mirrors. This will attract more customers and her sales will go well making good returns. Invest in Kranti as she expands her business to a larger retail store.

About Kranti . 's livelihood

Kranti is a retailpreneur who works 10 hours a day for 7 days a week. With this loan Kranti will potentially obtain employment for 455 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Kranti . has consented to pay the interest as below:

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

4.80%

8.64% APR

Platform
charges

3.20%

5.76% APR

Loan Details

The following section provides a detailed view of the investee loan requirement.

Loan
amount

25,000

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.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS