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Nisha

Devi

Retailpreneur

Tikamgarh, Madhya Pradesh

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Nisha

Devi

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprise
Nisha needs credit to increase the stock of her bangle store.

Retailpreneur

Madhya Pradesh

273 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Nisha

Nisha is a resident of Tikamgarh. Nisha has been a retailer for the past three years and retailing handcrafted bangles is her current business. With a loan, Nisha will be able to purchase more bangles for her store, sprucing it up for an overall great feel for her customers. She also wants to decorate her store and look more good to attract new customers. If you choose to lend your financial support to Nisha for this purchase and enlargement of her retail store, you'll be the start of aiding a new and young businessperson to continue to succeed in the market. Invest in Nisha now!

About Nisha Devi's livelihood

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

Interest Rate

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

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

3.20%

5.76% APR

Platform
charges

4.80%

8.64% APR

Loan Details

The following section provides a detailed view of the investee loan requirement.

Loan
amount

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Retail store

Investee Credit Rating:
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