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Ramavati

Retailpreneur

Bahraich, Uttar Pradesh

546 livelihood days

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Ramavati

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Support Ramavati as she needs to stock up her footwear shop.

Retailpreneur

Uttar Pradesh

546 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Ramavati

Ramavati, is an enterprising woman who has been running a footwear shop in Bahraich in Uttar Pradesh. She is very new to this business and has started making profits slowly. She is an ambitious woman who has now been attempting to expand her business for a while, but all her attempts have been obstructed, as she is unable to raise enough capital to stock up her shop with more footwear. Support Ramavati by lending her a loan, so she can purchase more footwear for gents, ladies, and kids, and make her shop more viable and attractive to customers.

About Ramavati 's livelihood

Ramavati is a retailpreneur who works 12 hours a day for 7 days a week. With this loan Ramavati will potentially obtain employment for 546 days.

Interest Rate

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

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Apparel 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