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Meva

Kushwaha

logoRetailpreneur

logo Tikamgarh, Madhya 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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Meva

Kushwaha

#hardworking#determined
Invest in Meva to expand her retail store and enhance her income.

logoRetailpreneur

logo Tikamgarh, Madhya 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

50,000 is
the current outstanding balance


Meva Kushwaha has been working as a retailer in Tikamgarh where she lives with her family. A woman of perseverance, Meva has faced many challenges in her business, and she has always overcome them with a smile. With the support of this loan, she will invest in purchasing grocery materials to enhance her retail business and income, as well as expand her client base. Invest in countless dreams of more entrepreneurs like Meva who are looking to expand their businesses and enhance their income.

I wish to become a successful entrepreneur.

About Meva Kushwaha's livelihood

Meva is a retailpreneur who works 8 hours a day for 6 days a week. With this loan Meva 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

4.80%

8.64% 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

0.00%

-0.00% 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