false
false 0 0 ZXkoyatLiZ

Ramavati

logoRetailpreneur

logo Bahraich, Uttar Pradesh

logo 50,000 has been disbursed

logo 546 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Ramavati

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

logoRetailpreneur

logo Bahraich, Uttar Pradesh

logo 50,000 has been disbursed

logo 546 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

28,800.32 is
the current outstanding balance

100 0 0 21200 0 0

100%

0%

0%


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.

I wish to build a big house for my family.

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.

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

Apparel 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.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0