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Priyanka

Creative Entrepreneur

Jhansi, Uttar Pradesh

318 livelihood days

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Priyanka

#dedicated#willful
Priyanka needs a loan to buy new furniture and cloths for tailoring.

Creative Entrepreneur

Uttar Pradesh

318 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Priyanka

Priyanka runs a small embroidery business in Jhansi. Embroidery is traditionally done by many women in Jhansi. Priyanka is one of the few women who have been able to create a stable income from this work that does not compromise her family's well-being. Priyanka is requesting a loan to buy new furniture for her shop. She will also purchase new cloth materials, to expand her business and generate more profit. This allows her to support her family and further develop her business. Invest in Priyanka!

About Priyanka 's livelihood

Priyanka is a creative entrepreneur who works 7 hours a day for 7 days a week. With this loan Priyanka will potentially obtain employment for 318 days.

Interest Rate

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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Embroidery

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