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Lalmani

logoAgripreneur

logo Sant Ravidas Nagar, Uttar Pradesh

logo 30,000 has been disbursed

logo 591 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Lalmani

#breadwinner#hardworking
Lalmani needs credit to expand his fruit business.

logoAgripreneur

logo Sant Ravidas Nagar, Uttar Pradesh

logo 30,000 has been disbursed

logo 591 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

19,891.92 is
the current outstanding balance

100 0 0 10108 0 0

100%

0%

0%


Lalmani lives with his family of 5 members in district Sant Ravidas Nagar in Uttar Pradesh. Lalmani is a hardworking man who always tries to balance his family's needs with his income. Lalmani is looking to raise a loan to buy more fruits and expand his existing business. He wants to stock up his shop with all the seasonal fruits for his customers. Eventhough he tries to meet the demand of his customers sometimes due to financial difficulties, Lalmani is unable to buy the fresh fruits due to the high prices charged by the wholesalers. In order to provide his customers with their need Lalmani wants to take up this loan and satisfy his customers with all the supply. Invest in Lalmani's business of supplying fresh and wholesome fruits by investing in this loan opportunity.

My dream is to enjoy a secure future with my family.

About Lalmani 's livelihood

Lalmani is an agripreneur who works 13 hours a day for 7 days a week. With this loan Lalmani will potentially obtain employment for 591 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

3.20%

5.76% 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

1.60%

2.88% APR

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

Loan
amount

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Agro products

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