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Meera

Ahirwar

Food Entrepreneur

Niwadi, Madhya Pradesh

234 livelihood days

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Meera

Ahirwar

#hardworking# gogetter
Meera Ahirwar wishes to expand her flour mill.

Food Entrepreneur

Madhya Pradesh

234 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Meera

Meera Ahirwar is a resident of Niwadi block in Akola. From her days spent working as a store owner in neighbouring districts till the past two years, Meera has worked hard and secured her position as a successful entrepreneur. Meera owns and manages a flour mill in the Ahirwar family's ancestral village at Niwadi. With the present loan, Meera will purchase more wheat from local farmers, refine it into flour, and sell it to customers. She will also purchase necessary items such as utensils, scales, and flour sacks to expand her business ifurther. Her diligence and sense of responsibility will aid her in realizing her dreams.

About Meera Ahirwar's livelihood

Meera is a food entrepreneur who works 6 hours a day for 6 days a week. With this loan Meera 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. Meera Ahirwar 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

Food store

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