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Neha

Kumhar

logoAgripreneur

logo Tikamgarh, Madhya Pradesh

logo 50,000 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

Neha

Kumhar

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Neha needs credit to purchase a buffalo and fodder for it.

logoAgripreneur

logo Tikamgarh, Madhya Pradesh

logo 50,000 has been disbursed

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

29,166.65 is
the current outstanding balance

100 0 0 20833 0 0

100%

0%

0%


Neha, who lives in Tikamgarh, is a hard-working mother who contributes to the household income significantly. She has been running an animal husbandry business for over three years. This loan will be used to buy a buffalo; she will continue to contribute to the dairy business and sell milk to the local milk marketing society. The additional income generated will help her contribute to the education of her children. Investing in Neha will contribute to the growth of her family's business. Support her financially now!

I wish to start a big dairy unit.

About Neha Kumhar's livelihood

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

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Animal husbandry

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