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Radha

Devi

logoRetailpreneur

logo Sant Ravi Das Nagar, Uttar Pradesh

logo 50,000 has been disbursed

logo 864 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Radha

Devi

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Invest in Radha as she stocks up her retail store with more grocery.

logoRetailpreneur

logo Sant Ravi Das Nagar, Uttar Pradesh

logo 50,000 has been disbursed

logo 864 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

37,499.99 is
the current outstanding balance

100 0 0 12500 0 0

100%

0%

0%


Radha Devi is a woman who works hard to provide her family with the necessities of life. She lives in Sant Ravi Das Nagar in Uttar Pradesh and has been managing a retail store for the past two years. Her livelihood is sustained by her small retail store and she does this full-time to support her family. With a goal to create a better future for her family, Radha is looking to invest in her business and buy more grocery materials so that she can stock up her store. Invest in Radha as she expands her business!

I wish to renovate my store and scale up my business.

About Radha Devi's livelihood

Radha is a retailpreneur who works 19 hours a day for 7 days a week. With this loan Radha will potentially obtain employment for 864 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

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Retail store

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