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Purnima

Behera

logoService Entrepreneur

logo Mayurbhanj, Odisha

logo 40,000 has been disbursed

logo 195 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Purnima

Behera

#ambitious#positive
Invest in Purnima to purchase essential materials for expanding her agro products business.

logoService Entrepreneur

logo Mayurbhanj, Odisha

logo 40,000 has been disbursed

logo 195 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

9,992.02 is
the current outstanding balance

100 0 0 30008 0 0

100%

0%

0%


Purnima is from Mayurbhanj, Odisha, and lives with her family of five. She was born in a family of farmers and she is one of the few women who have taken the initiative to rely on farming for their livelihood. She has also started her small agro business to supplement her family's income. Purnima's ambition is to grow her business and provide a peaceful life for her children. Purnima has been farming for the trade of agro products for two years now, and she wishes to expand her profit with your support. She will be able to purchase a grinder, drums for mixing, and packaging materials. Support Purnima to run her business smoothly.

I wish to grow my organic fertilizer business and become an aggregator.

About Purnima Behera's livelihood

Purnima is a service entrepreneur who works 5 hours a day for 6 days a week. With this loan Purnima will potentially obtain employment for 195 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