Radha lives in Tikamgarh, a district of Madhya Pradesh. This area is known for livestock, where many individuals do animal husbandry as a livelihood. Radha is no different; she has been doing so for many years with her husband. They have a small, but strong, business and are very fond of goats. With this loan, Radha will be able to buy goats and animal fodder from the local market. Invest in Radha to support her mission of creating a sound future for her family.
Radha is an agripreneur who works 6 hours a day for 7 days a week. With this loan Radha will potentially obtain employment for 273 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Radha Kushwaha 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
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 20,000
Loan
tenure
12 months
Moratorium
None
Repayment
mode
EMI
Investee
occupation
Animal husbandry
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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