false
false 0 0 bQxNCoFQB7

Rachana

Food Entrepreneur

Jalaun, Madhya Pradesh

25,000 has been disbursed

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Rachana

#ambitious#achiever
Support Rachana to install a water tank for her food stall.

Food Entrepreneur

Madhya Pradesh

25,000 has been disbursed

364 potential days of livelihood

4,158 is
the current outstanding balance

83.37 0 0 16.63 20842 0 0 4158

83%

0%

0%

17%


About Rachana

Rachana is a young and ambitious woman. She has started a small food stall two years ago to support her family. Her income solely depends on the number of customers that she draws to her stall. To stay ahead of the competition, Rachana is consistently trying to get new customers. A water tank that is placed outside her stall would not only attract new customers but will also help her avoid running out of water when her customers are large in number. This loan will help Rachana buy a new water tank and improve her business in a short span of time. Invest in Rachana now!

About Rachana 's livelihood

Rachana is a food entrepreneur who works 8 hours a day for 7 days a week. With this loan Rachana will potentially obtain employment for 364 days.

Interest Rate

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

25,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Food stall

Investee Credit Rating:
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.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS