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false 0 0 6sEUZUNraf

Ramkunvar

Kushwaha

logoRetailpreneur

logo Tikamgarh, Madhya Pradesh

logo 50,000 has been disbursed

logo 312 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Ramkunvar

Kushwaha

#dedicated#gogetter
Ramkunvar needs a loan to restock her general store.

logoRetailpreneur

logo Tikamgarh, Madhya Pradesh

logo 50,000 has been disbursed

logo 312 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

20,833.31 is
the current outstanding balance

100 0 0 29167 0 0

100%

0%

0%


Ramkunvar is a resident of Tikamgarh and is successfully running a general store. She sells household goods and daily essentials. With this loan, she will be able to purchase and stock more products in her store. Customers will find an extensive and attractive inventory of household items. This will positively impact her customers, bringing them back to her store. Ramkunvar will also benefit from the increased income that the additional stock will produce. With the support of this loan, Ramkunvar will be able to manage her business more effectively, increasing her sales and building on her solid foundation.

I wish to have a sustainable future.

About Ramkunvar Kushwaha's livelihood

Ramkunvar is a retailpreneur who works 8 hours a day for 6 days a week. With this loan Ramkunvar will potentially obtain employment for 312 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

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