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Pragya

Devi

logoService Entrepreneur

logo Mirzapur, Uttar Pradesh

logo 40,000 has been disbursed

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

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Pragya

Devi

#courageous#ambitious
Invest in Pragya to do the servicing of her E-Rickshaw.

logoService Entrepreneur

logo Mirzapur, Uttar Pradesh

logo 40,000 has been disbursed

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

9,874.17 is
the current outstanding balance

100 0 0 30126 0 0

100%

0%

0%


Pragya has three years of experience servicing E-Rickshaw and is from Mirzapur. She is an ambitious and determined woman who supports her big family of seven. By using her profession to bring in additional income she will be able to financially help her family. She needs a loan to purchase a battery for her E-Rickshaw and do its servicing. When you invest in Pragya you're also supporting her dream of getting another rickshaw for her husband, who is currently jobless. Let's work together to create a brighter future for this hard-working family.

I wish to buy another E-Rickshaw for my husband.

About Pragya Devi's livelihood

Pragya is a service entrepreneur who works 8 hours a day for 7 days a week. With this loan Pragya 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

40,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Others

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.

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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0