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Nanki

Retailpreneur

Bahraich, Uttar Pradesh

455 livelihood days

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Nanki

#ambitious#positive
Invest in Nanki's apparel store as she plans to expand it.

Retailpreneur

Uttar Pradesh

455 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Nanki

Nanki is an entrepreneur who has been involved in the apparel business for the past five years. She owns a shop in her hometown of Bahraich where she sells all varieties of clothing items. In the beginning, she had to face a series of challenges such as a location change, outdated marketing techniques, and the lack of a brand image. But through perseverance and hard work, Nanki has managed to overcome these obstacles. Even though Nanki has been successful with her business, she would like to expand her business on a larger scale. With the upcoming festive season, she will use the loan to buy newer items of clothing, add more products, and sell at affordable prices to her customers. Support Nanki as she grows her business.

About Nanki 's livelihood

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

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Nanki has consented to pay the interest as below:

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

4.80%

8.64% APR

Platform
charges

3.20%

5.76% APR

Loan Details

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

Investee
occupation

Apparel store

Investee Credit Rating:
Very 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