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Makkhan Devi

Ahirwar

Service Entrepreneur

Niwadi, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Makkhan Devi

Ahirwar

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

Service Entrepreneur

Madhya Pradesh

364 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Makkhan Devi

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.

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.

Interest Rate

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

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Construction

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