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Prabhjot

Kaur

Retailpreneur

Lakhimpur, Uttar Pradesh

455 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Prabhjot

Kaur

#breadwinner#hardworking
Prabhjot needs a loan to restock her grocery store.

Retailpreneur

Uttar Pradesh

455 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Prabhjot

Prabhjot Kaur works hard to run a grocery store. This year, she decided to expand her business by adding basic household goods such as hygiene products and clothes to her collection of goods. However, with increased costs and a low-profit margin, Prabhjot has struggled to maintain the increase in inventory. She'd like to get a loan so that she can restock her store with a variety of products, and improve the quality of life for the people in her community. Invest in Prabhjot as she plans to build the inventory for her store.

About Prabhjot Kaur's livelihood

Prabhjot is a retailpreneur who works 10 hours a day for 7 days a week. With this loan Prabhjot will potentially obtain employment for 455 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Prabhjot Kaur has consented to pay the interest as below:

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

4.80%

8.64% APR

Platform
charges

3.20%

5.76% 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