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Phulvati

Kushwaha

Retailpreneur

Niwari, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Phulvati

Kushwaha

#Hardworking#Passionate
Phulvati wishes to restock her retail shop.

Retailpreneur

Madhya Pradesh

364 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Phulvati

Phulvati is a hard-working woman who is working hard to provide for her family. Phulvati is a retail shop owner and has been operating a modest store in Niwari for 8 long years. All the hard work has helped her grow her business, but she is hoping to grow her business even more. With this loan, she will be purchasing a variety of cosmetic products, and other stationery items to cater to the growing demands. This will allow Phulvati to create additional income for the future of her family.

About Phulvati Kushwaha's livelihood

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