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Madhu Devi

Ahirwar

Service Entrepreneur

Niwari, Madhya Pradesh

234 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Madhu Devi

Ahirwar

#Hardworking
Madhu Devi needs a sewing machine for her unit.

Service Entrepreneur

Madhya Pradesh

234 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Madhu Devi

Madhu Devi Ahirwar is a resident of Niveri district in Madhya Pradesh. She has motivated several women in her area to become entrepreneurs. She wants to expand her business of selling products, such as clothing and other apparel items for women. She had a small shop previously, but it was insufficient for the expanding business. To help expand her business, Madhu Devi wishes to raise a loan to purchase sewing machines and other inputs for her store. Invest in Madhu Devi as she continues her journey as a successful entrepreneur.

About Madhu Devi Ahirwar 's livelihood

Madhu Devi is a service entrepreneur who works 6 hours a day for 6 days a week. With this loan Madhu Devi will potentially obtain employment for 234 days.

Interest Rate

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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Others

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