Rajni has over five years of experience as a farmer. Through these years she has learnt the tradecraft well. She wishes to avail credit to purchase the right kind of inputs for her farm. These inputs will drastically improve her produce, thereby affecting her monthly income positively. Invest in Rajni's dreams.
Rajni is a service entrepreneur who works 8 hours a day for 7 days a week. With this loan Rajni 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. Rajni Raikwar 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
₹ 30,000
Loan
tenure
12 months
Moratorium
None
Repayment
mode
EMI
Investee
occupation
Others
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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