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Kusum

Devi

Retailpreneur

Bharaich, Uttar Pradesh

364 livelihood days

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Kusum

Devi

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

Retailpreneur

Uttar Pradesh

364 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Kusum

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.

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.

Interest Rate

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

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.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS