false
false 0 0 Tz8tmo3wPc

Mamta

logoRetailpreneur

logo Jhansi, Uttar Pradesh

logo 20,000 has been disbursed

logo 318 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Mamta

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

logoRetailpreneur

logo Jhansi, Uttar Pradesh

logo 20,000 has been disbursed

logo 318 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

8,333.31 is
the current outstanding balance

87.5 0 12.5 11667 1667 0

88%

12%

0%


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.

I wish to enjoy a secure future with my 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.

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

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Retail store

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.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0