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Parvesh

Devi

Retailpreneur

Jhajjar, Haryana

50,000 has been disbursed

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Parvesh

Devi

#Hardworking# creative
Support Parvesh as she needs to stock up her apparel shop

Retailpreneur

Haryana

50,000 has been disbursed

364 potential days of livelihood

29,128.15 is
the current outstanding balance

41.74 0 0 58.26 20872 0 0 29128

42%

0%

0%

58%


About Parvesh

Apparel shop owner Parvesh has 4 family members and lives in the district of Jhajjar. Parvesh runs her apparel shop from a rented house. With a desire to stock up her apparel shop and expand her business, she set out to find a loan to fund the equipment she requires. She hopes to become a well-respected entrepreneur once she's able to expand her business to attract more customers. She believes that her apparel store will be a success if she's able to expand her business and stock up more items. Invest in Parvesh's future as she prepares to open her apparel shop and needs financial assistance to stock up her merchandise and expand her business.

About Parvesh Devi's livelihood

Parvesh is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Parvesh 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. Parvesh 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

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Apparel 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