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Prabha

Devi

Agripreneur

Jhansi, Uttar Pradesh

234 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Prabha

Devi

#hustler#dedicated
Invest in Prabha to renovate her flour mill and earn better.

Agripreneur

Uttar Pradesh

234 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Prabha

With great efforts and hard work, Prabha Devi has grown a flour mill business and has been earning profit from this business. However, the lack of proper technical expertise forced her to stop production due to which resulted in the loss of income for her family. Now she's seeking for a loan to renovate and purchase raw materials for her flour mill with the help of technical and business development training, and thus she will start doing her business again with the increased price and profit margin. She hopes to get a better profit by doing her business and repaying her loan.

About Prabha Devi's livelihood

Prabha is an agripreneur who works 6 hours a day for 6 days a week. With this loan Prabha will potentially obtain employment for 234 days.

Interest Rate

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

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Agro products

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