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Manju

Devi

Retailpreneur

Bahraich, Uttar Pradesh

546 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Manju

Devi

#breadwinner#hardworking
Manju Devi needs credit to restock her store.

Retailpreneur

Uttar Pradesh

546 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Manju

Manju Devi is a hard-working woman who knows perseverance, and this is what sets her apart from many others. She lives with her family of 5 members in the district of Bahraich in Uttar Pradesh; this has required a significant investment from Manju Devi. She supplies food items and other day-to-day groceries to customers in Bahraich. She has been involved in the retail business for the past 3 years. Despite the income that Manju makes from her business, she isn't able to meet all her family's needs on time. With a dream of providing for a better and secure future for her children, she is looking to restock her store for more inventory. She's looking to raise a loan to purchase more goods for her retail store. Invest in Manju Devi as she restocks her retail store, amasses more inventory, and expands her business.

About Manju Devi's livelihood

Manju is a retailpreneur who works 12 hours a day for 7 days a week. With this loan Manju will potentially obtain employment for 546 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Manju Devi has consented to pay the interest as below:

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

4.80%

8.64% APR

Platform
charges

3.20%

5.76% 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

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