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Manju

Devi

Retailpreneur

Bahraich, Uttar Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Manju

Devi

#ambitious#passionate
Support Manju as she plans to purchase new apparel for her store.

Retailpreneur

Uttar Pradesh

364 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Manju

Manju Devi is a busy woman with a big dream. She runs a small apparel store in Bahraich, Uttar Pradesh for the last year. She knows the value of hard work, which is undoubtedly the biggest asset for her business. Despite facing many obstacles, she has been able to steadily grow her business and increase profits. She is now looking to expand her business and is seeking a loan to purchase new apparel items to stock in her store. She will also add a few racks to her store and make arrangements for setting up a counter. Invest in Manju as she plans to take her business to the next level.

About Manju Devi's livelihood

Manju is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Manju 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. 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

Apparel 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