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Mithala

Agripreneur

Tikamgarh, Madhya Pradesh

364 livelihood days

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Mithala

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Support Mithala to purchase raw materials and decorate her agro products store.

Agripreneur

Madhya Pradesh

364 potential days of livelihood

25,000 loan is fully repaid

25,000 loan is fully repaid


About Mithala

Mithala is a woman who has the potential to lead the path to success but needs your contribution in order to get started. She runs an agro-products store in Tikamgarh, where she lives with her family. Although she has been working in this profession for a number of years, she still has to purchase raw materials for her store for a better business, which is where your support is needed. With a low-interest loan from Rang De, she will be able to purchase raw materials and decorate her store and meet all her credit needs. Invest in Mithala's business now and help her earn better!

About Mithala 's livelihood

Mithala is an agripreneur who works 8 hours a day for 7 days a week. With this loan Mithala 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. Mithala 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

25,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Agro products

Investee Credit Rating:
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