false
false 0 0 tj1jD76HMx

Pavanti

Devi

logoRetailpreneur

logo KishanGanj, Bihar

logo 50,000 has been disbursed

logo 364 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Pavanti

Devi

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

logoRetailpreneur

logo KishanGanj, Bihar

logo 50,000 has been disbursed

logo 364 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

16,666.64 is
the current outstanding balance

80 0 20 33333 8333 0

80%

20%

0%


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!

I wish to give a good future for my children.

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.

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

8.00% flat p.a.

14.40% APR

Social
Investor The rate of return an investor makes

3.20%

5.76% APR

Impact
Partner The rate of return an impact partner makes

up to 3.20%

5.76% APR

Platform
charges The charges, the platform incurs by offering it's services

1.60%

2.88% APR

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 Equated Monthly Instalment

Investee
occupation

Retail store

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.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0