false
false 0 0 MgejXedDBE

Meera

logoRetailpreneur

logo Lakhimpur Kheri, Uttar Pradesh

logo 48,000 has been disbursed

logo 637 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Meera

#breadwinner#hardworking
Meera wishes to set up a shoe shop.

logoRetailpreneur

logo Lakhimpur Kheri, Uttar Pradesh

logo 48,000 has been disbursed

logo 637 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

39,999.76 is
the current outstanding balance

100 0 0 8000 0 0

100%

0%

0%


Meera is a hard working lady and her sole aim is to make a living and give her family a secure future. She is currently running in a general store. Being the entrepreneur that she is, Meera now wishes to start a footwear shop as she feels that this can give her a stable income and help her make a steady profit. With her loan, she wishes to set up the store, buy a variety of footwear to sell in her shop. Invest in Meera and support her new venture.

My dream is to enjoy a secure future with my family.

About Meera 's livelihood

Meera is a retailpreneur who works 14 hours a day for 7 days a week. With this loan Meera will potentially obtain employment for 637 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

4.80%

8.64% 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

0.00%

-0.00% APR

The following section provides a detailed view of the investee loan requirement.

Loan
amount

48,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Retail store

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