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Punam

Devi

Solopreneur

Purnia, Bihar

351 livelihood days

Borrower Image 1 Borrower Image 2

Punam

Devi

#brave#hustler
Punam needs credit to make arrangements for drying fish.

Solopreneur

Bihar

351 potential days of livelihood

25,000 loan is fully repaid

25,000 loan is fully repaid


About Punam

Punam Devi is a hard-working woman who has come a long way in life after starting off from a very modest background. She is a resident of Purnia in the state of Bihar and currently owns a fisheries unit. Despite the fact they've been doing this business for the past six years, it doesn't generate a better income for the family to live. Punam is looking to expand her business further by purchasing additional fish from the market to dry and sell. She hopes to make better profits through this expansion. Invest in Punam as she expands her business.

About Punam Devi's livelihood

Punam is a solopreneur who works 9 hours a day for 6 days a week. With this loan Punam will potentially obtain employment for 351 days.

Interest Rate

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

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

8.00%

14.40% APR

Platform
charges

0.00%

0.00% APR

Loan Details

The following section provides a detailed view of the investee loan requirement.

Loan
amount

25,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Fisheries

Investee Credit Rating:
Excellent

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

Jaljeevika Infotech Pvt Ltd
   view website
Partner logo

Established in

2020

With Rang De from

2022

Founded by

Neelkanth Mishra

Jaljeevika is addressing the issue of small-scale fish farmers, building community resilience and capacity to enhance livelihood opportunities using existing water bodies, technology and leveraging institutions. They work through an ecosystem development model to build skill, develop institutional capacity and empower smallholders to interact with the market using the technology platform. They are facilitating the process in collaboration with various stakeholders to establish a knowledge forum to establish Blue Economy. For detail , visit their website www.jaljeevika.org

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS