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Kusum

Devi

logoRetailpreneur

logo Bharaich, Uttar Pradesh

logo 50,000 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 b-img

Kusum

Devi

#go-getter#ambitious
Invest in Kusum's retail store.

logoRetailpreneur

logo Bharaich, Uttar 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

45,832.99 is
the current outstanding balance

100 0 0 4167 0 0

100%

0%

0%


Kusum Devi has been running a retail store in Bharaich for over ten years now. Being a hard-working woman, her efforts have paid off and she is now successful enough to run her business with a few employees working under her. She has been selling food products like chips, chewy candies, and other snacks from her shop for the past few years. With her business doing well, she's now looking to improve the business. Invest in Kusum Devi as she invests in buying more snack items for her shop.

I wish to expand the market of my products and earn better profits.

About Kusum Devi's livelihood

Kusum is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Kusum 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

4.80%

8.64% 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

0.00%

-0.00% 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