false
false 0 0 tj1jD76HMx

Pavanti

Devi

Retailpreneur

KishanGanj, Bihar

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Pavanti

Devi

#positive#courageous
Invest in Pavanti to purchase a refrigerator and grocery items to her retail store.

Retailpreneur

Bihar

364 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Pavanti

Pavanti is a hard-working woman who runs a retail store for over ten years. She is interested in increasing her monthly income and the growth of her business. She has many loyal customers, but to further market her product she is in need of a refrigerator. With the assistance of this loan, Pavanti will be able to take her business to the next level by increasing her supply of fresh produce for her customers. She also needs to purchase new grocery items for her store. With the support of Rang De, she will be able to create a profitable and successful retail store. Invest in her!

About Pavanti Devi's livelihood

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

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.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS