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Rainu

Khatik

Retailpreneur

Niwari, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Rainu

Khatik

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

Retailpreneur

Madhya Pradesh

364 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Rainu

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!

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.

Interest Rate

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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Retail store

Investee Credit Rating:
Very 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.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS