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Meera

Kushwaha

Retailpreneur

Niwari, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Meera

Kushwaha

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

Retailpreneur

Madhya Pradesh

364 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Meera

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.

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.

Interest Rate

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

Retail 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