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Lalita

Devi

Agripreneur

Kishan Ganj, Bihar

273 livelihood days

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Lalita

Devi

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Lalita needs credit to buy seeds, fertilizers, and farming equipment for the new season.

Agripreneur

Bihar

273 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Lalita

Lalita Devi is a passionate farmer and is proud of her work. She farms on her own in Kishan Ganj and has beautiful fields with many crops. She is a hard worker, who ensures that her husband and children are provided with the comforts of life and can afford the best of things through her earnings. Lalita has a small farm of less than an acre of land where she grows a variety of crops. This loan will help Lalita buy quality seeds, fertilizers, and farming equipment for her upcoming season. Support Lalita as she hopes to start the new season on time and get a profitable yield!

About Lalita Devi's livelihood

Lalita is an agripreneur who works 6 hours a day for 7 days a week. With this loan Lalita will potentially obtain employment for 273 days.

Interest Rate

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

Agro products

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