false
false 0 0 gAVDTceJRS

Monu

.

logoBeautypreneur

logo Jhansi, Uttar Pradesh

logo 40,000 has been disbursed

logo 455 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Monu

.

#Hardworking
Invest in Monu's salon.

logoBeautypreneur

logo Jhansi, Uttar Pradesh

logo 40,000 has been disbursed

logo 455 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

33,331.56 is
the current outstanding balance

100 0 0 6668 0 0

100%

0%

0%


Monu is an upcoming entrepreneur, who has been running a beauty parlour for the past 2 years. He is trying to attain his dream of becoming a successful entrepreneur. In order to achieve his dream, he needs a loan; this will help him purchase raw material in order to expand his parlour. He is requesting funds to invest in his salon. He wants to expand his business by buying more raw material and to gain more customers. He is requesting a loan of Rs.40,000. Invest in Monu's business of a Beauty Parlor and help him to fulfill his dream!

To become a successful entrepreneurs

About Monu . 's livelihood

Monu is a beautypreneur who works 10 hours a day for 7 days a week. With this loan Monu will potentially obtain employment for 455 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

40,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Beauty parlour

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.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0