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Parveen

Bano

Agripreneur

Tikamgarh, Madhya Pradesh

364 livelihood days

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Parveen

Bano

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Parveen needs a loan to buy chickens and furniture for her poultry business.

Agripreneur

Madhya Pradesh

364 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Parveen

Parveen Bano is one of the many women who are involved in the poultry farming business. She has a variety of chickens to sell, which she raises herself. She needs a loan to get more chickens and enough furniture so that she can increase her sales and earn more profit. Poultry farming is a promising business and is relatively less affected by economic downturns. With her additional income, she will be able to provide for her family and contribute to improving their lifestyle. Parveen has been in this business for quite some time now, and with your support, her poultry business will reach new heights. Invest in her and help her achieve her entrepreneurial goals.

About Parveen Bano's livelihood

Parveen is an agripreneur who works 8 hours a day for 7 days a week. With this loan Parveen will potentially obtain employment for 364 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Parveen Bano 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

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Meat 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