false
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Meera

Kushwaha

logoRetailpreneur

logo Niwari, Madhya Pradesh

logo 30,000 has been disbursed

logo 364 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Meera

Kushwaha

#entrepreneurs# work4progress# udyaME
Meera Kushwaha needs credit to upgrade her store.

logoRetailpreneur

logo Niwari, Madhya Pradesh

logo 30,000 has been disbursed

logo 364 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

4,808.46 is
the current outstanding balance

100 0 0 25192 0 0

100%

0%

0%


Meera Kushwaha, is a determined and hard-working businesswoman. Meera is 32 and has been running her own retail store for five years. She has been able to earn enough profit to support her family of three. With the increase in demand from her neighbours and customers, Meera is seeking credit to expand, restock and refurbish her store. She wishes to add more products to meet her customers needs. Support Meera as she plans to become a wholesaler for daily need products in her village.

I aspire to grow my existing business to create more jobs and also provide easier access to basic needs products to my community.

About Meera Kushwaha's livelihood

Meera is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Meera will potentially obtain employment for 364 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

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.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0