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Laxmi Devi

Kushwaha

Retailpreneur

Tikamgarh, Madhya Pradesh

273 livelihood days

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Laxmi Devi

Kushwaha

#dedicated#believer
Support Laxmi to purchase cloths and other essential items to her tailoring shop.

Retailpreneur

Madhya Pradesh

273 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Laxmi Devi

Laxmi is an energetic businesswoman of Tikamgarh who has a knack for designing and tailoring clothes. When she started her own store, she began to design different types of apparel which helped her carve her own niche in the market. However, she didn't get the kind of success she expected from this endeavor, and therefore she needs a loan to expand her business. She will purchase more clothes and other essential items like threads, scissors, needles, etc. with the loan amount. She hopes that it will help her yield more earnings and reap the benefits of her hard work. Help out Laxmi and make a difference in her life!

About Laxmi Devi Kushwaha's livelihood

Laxmi Devi is a retailpreneur who works 6 hours a day for 7 days a week. With this loan Laxmi Devi 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. Laxmi Devi Kushwaha 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

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Apparel 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