false
false 0 0 EPtY3cwTTJ

Laxmi

Kushwaha

logoRetailpreneur

logo Tikamgarh, Madhya Pradesh

logo 50,000 has been disbursed

logo 312 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Laxmi

Kushwaha

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

logoRetailpreneur

logo Tikamgarh, Madhya Pradesh

logo 50,000 has been disbursed

logo 312 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

41,666.66 is
the current outstanding balance

100 0 0 8333 0 0

100%

0%

0%


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.

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

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.

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.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0