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Pushpa

Banshkar

logoService Entrepreneur

logo Niwari, Madhya Pradesh

logo 30,000 has been disbursed

logo 312 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Pushpa

Banshkar

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Pushpa needs credit to purchase raw materials for making cane products.

logoService Entrepreneur

logo Niwari, Madhya Pradesh

logo 30,000 has been disbursed

logo 312 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

17,500 is
the current outstanding balance

100 0 0 12500 0 0

100%

0%

0%


Pushpa is a resident of Niwari, a city that has a strong foundation in arts and crafts, so it is no surprise Pushpa has found success in her field of work. She has been engaged in cane crafts for two years now and is gaining popularity not only in her neighborhood but also in the city. Now, she wishes to expand her business and needs support from Rang De for the same. With a loan, she will be able to purchase raw materials in large quantities for making cane products. This will enable her to reach out to more markets and more customers. Invest in Pushpa now!

I wish to set up a shop for selling my cane products.

About Pushpa Banshkar's livelihood

Pushpa is a service entrepreneur who works 8 hours a day for 6 days a week. With this loan Pushpa will potentially obtain employment for 312 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

30,000

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