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Premvati

logoAgripreneur

logo Niwari, Madhya Pradesh

logo 50,000 has been disbursed

logo 273 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Premvati

#hardworking# gogetter
Premvati seeks credit to expand her animal husbandry business.

logoAgripreneur

logo Niwari, Madhya Pradesh

logo 50,000 has been disbursed

logo 273 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

12,493.23 is
the current outstanding balance

100 0 0 37507 0 0

100%

0%

0%


Premvati is a resident of Niwari, a village in Madhya Pradesh. She lives with her husband and her children. Premvati has been running and animal husbandry business for the last three years. She spends her time nurturing her cattle and selling milk in her community. With the help of this loan, she will be able to buy more fodder and add new animals to her existing business. She will also be able to increase her income and provide better for her family.

I wish to become a successful entrepreneur.

About Premvati 's livelihood

Premvati is an agripreneur who works 6 hours a day for 7 days a week. With this loan Premvati will potentially obtain employment for 273 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

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Animal husbandry

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