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Makkhan Devi

Ahirwar

logoService Entrepreneur

logo Niwadi, Madhya Pradesh

logo 50,000 has been disbursed

logo 364 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Makkhan Devi

Ahirwar

#ambitious#gogetter
Invest in Makkhan to purchase a mixing machine for construction purposes.

logoService Entrepreneur

logo Niwadi, Madhya Pradesh

logo 50,000 has been disbursed

logo 364 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

16,482.65 is
the current outstanding balance

100 0 0 33517 0 0

100%

0%

0%


Makkhan Devi is a resident of Niwadi, Madhya Pradesh. Makkhan has been engaged in construction work for many years, working with cement and sand to build houses and temples. Makkhan wants to earn a living by adding concrete to her work; she will use the loan to purchase a mixing machine, which will make concrete in a fraction of the time, ensuring that she'll be able to put bread on the table faster than ever. Invest in Makkhan's life to support her mission of helping her family out of poverty.

I wish to become a successful contractor.

About Makkhan Devi Ahirwar's livelihood

Makkhan Devi is a service entrepreneur who works 8 hours a day for 7 days a week. With this loan Makkhan Devi will potentially obtain employment for 364 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

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Construction

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