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Mithala

logoAgripreneur

logo Tikamgarh, Madhya Pradesh

logo 25,000 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

Mithala

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

logoAgripreneur

logo Tikamgarh, Madhya Pradesh

logo 25,000 has been disbursed

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

12,499.96 is
the current outstanding balance

100 0 0 12500 0 0

100%

0%

0%


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!

I wish to expand my agro products business and become a successful entrepreneur.

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.

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

25,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Agro products

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