false
false 0 0 467eVtjV1U

Meera

Devi

Retailpreneur

Alwar, Rajasthan

591 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Meera

Devi

#breadwinner#hardworking
Support Meena as she expands her retail business.

Retailpreneur

Rajasthan

591 potential days of livelihood

35,000 loan is fully repaid

35,000 loan is fully repaid


About Meera

Meera is an ambitious mumpreneur from Alwar, Rajasthan. With the growing financial needs of her family, Meera has decided to expand her retail store in her hometown to help her meet the daily expenses. She seeks credit to improve the infrastructure of her shop and to restock her shop. This shop will enable her to generate an increased monthly income to support her two sons and her husband. She intends to sell cosmetics, apparels and jewelry and reach out to more customers in her neighborhood. Invest in industrious Meera as she works on expanding her business.

About Meera Devi's livelihood

Meera is a retailpreneur who works 13 hours a day for 7 days a week. With this loan Meera will potentially obtain employment for 591 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Meera Devi has consented to pay the interest as below:

Investee
pays

6.00% flat p.a.

10.80% APR

Social
Investor

2.00%

3.60% APR

Platform
charges

4.00%

7.20% APR

Loan Details

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

Loan
amount

35,000

Loan
tenure

24 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Apparel store

Investee Credit Rating:
Adequate

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

Ibtada
   view website
Partner logo

Established in

1997

With Rang De from

2020

Founded by

Rajesh Singhi

Ibtada, meaning ‘the beginning’, is a not for profit organisation that was started in 1997 to uplift women and girls in the Alwar district of Rajasthan. Rural poverty and deprivation are a major issue grappling the region, and Ibtada has introduced interventions in the space of Education, Financial Inclusion, Livelihood Generation, and Awareness about Rights and Entitlements. Although Ibtada is hand holding women through the process, the ultimate aim is to make them independent and empowered to stand up for themselves. Ibtada has reached over 50,000 households in 400+ villages in Alwar District, Rajasthan.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS