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Mamta

Retailpreneur

Jhansi, Uttar Pradesh

318 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Mamta

#breadwinner#hardworking
Invest in Mamta as restocks and expands her retail store.

Retailpreneur

Uttar Pradesh

318 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Mamta

Mamta is a resident of Jhansi. For over four years, she has been selling groceries such as rice, wheat, and other essential household items in her retail store. She has demonstrated a lot of perseverance, dedication, and hard work, which has allowed her to build her business to this point. Now she will use this loan to expand her retail store. She will stock up her store with more groceries and stationery goods and renovate and expand it. Her business has grown steadily, but she believes that an increase in the scope of her retail store will help increase her income as well as well. By investing in Mamta, you are investing in her future and the future of her family.

About Mamta 's livelihood

Mamta is a retailpreneur who works 7 hours a day for 7 days a week. With this loan Mamta will potentially obtain employment for 318 days.

Interest Rate

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

Retail 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