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Manjeeta

Kushawaha

Service Entrepreneur

Bahraich, Uttar Pradesh

455 livelihood days

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Manjeeta

Kushawaha

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Invest in Manjeeta as she plans to start a Kirana store.

Service Entrepreneur

Uttar Pradesh

455 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Manjeeta

Manjeeta Kushawaha hails from Bahraich and is a very hardworking, enterprising, and determined woman who is responsible for taking care of her family's needs. She is the only earning member of her family and she is one of the most responsible women in her area. She is looking to invest in a Kirana store and in order to achieve this objective and build a secure future for her family, she needs a loan for the same. She plans to invest the loan in buying grains and cereals, cooking oil, biscuits, namkeen, etc. She hopes to become financially stable with the income from her new business. Support Manjeeta in achieving her dreams!

About Manjeeta Kushawaha's livelihood

Manjeeta is a service entrepreneur who works 10 hours a day for 7 days a week. With this loan Manjeeta will potentially obtain employment for 455 days.

Interest Rate

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

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