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Manorama

Namdev

logoService Entrepreneur

logo Niwari, Madhya Pradesh

logo 30,000 has been disbursed

logo 273 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Manorama

Namdev

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

logoService Entrepreneur

logo Niwari, Madhya Pradesh

logo 30,000 has been disbursed

logo 273 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

14,756.7 is
the current outstanding balance

100 0 0 15243 0 0

100%

0%

0%


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!

I wish to build a big house for my family.

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.

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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Others

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.

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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0