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Rainu

Khatik

logoRetailpreneur

logo Niwari, Madhya Pradesh

logo 30,000 has been disbursed

logo 364 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Rainu

Khatik

#growth#provider
Support Rainu to purchase essential items to stock up her retail store.

logoRetailpreneur

logo Niwari, Madhya Pradesh

logo 30,000 has been disbursed

logo 364 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

12,500 is
the current outstanding balance

100 0 0 17500 0 0

100%

0%

0%


Rainu Khatik is a hardworking woman and she has been running her retail store for the last five years. She is always open to welcoming new products. Her store stocks a wide range of grocery items including pulses, spices, pickles, rice, and other things. She is popular among buyers in her area as she sells good quality products. The loan will help Rainu to stock her retail store with essential items. With this loan, Rainu will restock her store and make her business better. Invest in Rainu to earn more profits and lead a better life with her family!

I wish to build a big house for my family.

About Rainu Khatik's livelihood

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

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