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Meena

Agripreneur

Tikamgarh, Madhya Pradesh

234 livelihood days

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Meena

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Meena wants to add a cream making machine to her dairy unit.

Agripreneur

Madhya Pradesh

234 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Meena

Meena is a resident of Tikamgarh, Madhya Pradesh. She is a hard-working woman who has been running a dairy business for the past three years to support her family of four. After having sold milk in her village for many years, the quality of her milk and her dedication to growing her business is well known in her neighbourhood. She now wishes to increase her income and is looking to purchase a cream machine to add to her dairy unit. This will help her add value to her products and provide an increased income for her family. Invest in Meena today.

About Meena 's livelihood

Meena is an agripreneur who works 6 hours a day for 6 days a week. With this loan Meena will potentially obtain employment for 234 days.

Interest Rate

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

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Animal husbandry

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