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Laxmi

Kushwaha

Retailpreneur

Tikamgarh, Madhya Pradesh

312 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Laxmi

Kushwaha

#breadwinner#hardworking
Laxmi Kushwaha needs credit to purchase stock.

Retailpreneur

Madhya Pradesh

312 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Laxmi

Laxmi Kushwaha is a small time trader. She operates a small retail store at Madhya Pradesh. Laxmi has been involved with retail for the past 3 years. During this time, she has been struggling to fulfil her customers' needs. Laxmi has been able to make a profit but not enough to afford her needs. She wishes to raise a loan to purchase stock to fill up the stock in her shop. Invest in Laxmi as she increases her inventory of grocery materials and increases the variety of groceries in her store.

About Laxmi Kushwaha's livelihood

Laxmi is a retailpreneur who works 8 hours a day for 6 days a week. With this loan Laxmi will potentially obtain employment for 312 days.

Interest Rate

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