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Meeta

Devi

logoRetailpreneur

logo Sant Ravi Das Nagar, Uttar Pradesh

logo 50,000 has been disbursed

logo 312 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Meeta

Devi

#breadwinner#hardworking
Enable Meeta to purchase new stocks to expand her business.

logoRetailpreneur

logo Sant Ravi Das Nagar, Uttar Pradesh

logo 50,000 has been disbursed

logo 312 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

25,496.18 is
the current outstanding balance

58.81 11.19 30 24504 12500 4663

59%

30%

11%


Meeta is a woman from Sant Ravi Das Nagar, Uttar Pradesh. She has been running a retail store there for over seven years to support her family of three. Currently, she is in need of some credit to expand her business and enhance her income. This loan will help her purchase new stocks and enable her to further expand her business. Support Meeta today!

I wish to give a good future for my children.

About Meeta Devi's livelihood

Meeta is a retailpreneur who works 8 hours a day for 6 days a week. With this loan Meeta will potentially obtain employment for 312 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

50,000

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