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Pragya

Devi

Service Entrepreneur

Mirzapur, Uttar Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Pragya

Devi

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

Service Entrepreneur

Uttar Pradesh

364 potential days of livelihood

40,000 loan is fully repaid

40,000 loan is fully repaid


About Pragya

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.

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.

Interest Rate

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

40,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Others

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