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Manorama

Namdev

Service Entrepreneur

Niwari, Madhya Pradesh

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Manorama

Namdev

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Manorama needs credit to purchase essential items and decorate her tailoring shop.

Service Entrepreneur

Madhya Pradesh

273 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Manorama

Manorama is a skilled tailor from Niwari, Madhya Pradesh. She has been working hard in her tailoring shop to make ends meet. This loan will help her purchase some additional cloth material and stitching items to spice up her business. She will also decorate her shop well as this is the festival season. She will also be able to find new customers who want to wear customized clothing. Through this loan, she will be able to give hope to work even better and improve her living standards. Invest in Manorama now!

About Manorama Namdev's livelihood

Manorama is a service entrepreneur who works 6 hours a day for 7 days a week. With this loan Manorama will potentially obtain employment for 273 days.

Interest Rate

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

30,000

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