false
false 0 0 t8lHcrabCH

Nirmala

Devi

logoService Entrepreneur

logo Sant Ravi das Nagar, Uttar Pradesh

logo 90,000 has been disbursed

logo 273 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Nirmala

Devi

#breadwinner#hardworking
Nirmala Devi needs credit to purchase E-rickshaw.

logoService Entrepreneur

logo Sant Ravi das Nagar, Uttar Pradesh

logo 90,000 has been disbursed

logo 273 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

85,000 is
the current outstanding balance

100 0 0 5000 0 0

100%

0%

0%


Nirmala Devi is a fearless and determined woman. She lives with her family of 5, including two daughters and a son, in the district of Sant Ravi Dass Nagar in Uttar Pradesh. Nirmala Devi has not had any formal education and has always been involved in the agricultural business. With her hard work and determination, she has developed a successful model, that is profitable and sustainable. Now she wanted to start a transportation business and buy an E- Rickshaw. Invest in Nirmala Devi as she expands her business, and purchases an e-rickshaw that has become a part of her family's livelihood.

My dream is to ensure safe mobility for my village girls and women

About Nirmala Devi's livelihood

Nirmala is a service entrepreneur who works 6 hours a day for 7 days a week. With this loan Nirmala will potentially obtain employment for 273 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

7.00% flat p.a.

12.60% APR

Social
Investor The rate of return an investor makes

4.00%

7.20% APR

Impact
Partner The rate of return an impact partner makes

up to 3.00%

5.40% 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

90,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Transport services

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