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Rani

Bilgaiyan

Food Entrepreneur

Bagan, Madhya Pradesh

364 livelihood days

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Rani

Bilgaiyan

#go-getter#ambitious
Invest in Rani to purchase stocks for her food stall.

Food Entrepreneur

Madhya Pradesh

364 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Rani

Rani is an enterprising woman with a passionate mission to contribute as much as possible towards the growth of her husband's business. She is a key member of her husband's food stall business; she helps to prepare and sell delicious food for the customers. She is an excellent cook who can whip up mouth-watering dishes in minutes, and keep them cooking for hours on end. Every day Rani and her husband attend the market to purchase the necessary items for preparing their delicacies. With the assistance of this loan, she will be able to purchase various items such as lentils, spices and other ingredients, required to prepare non-vegetarian and vegetarian dishes and they will be sold in the food stall. Invest in Rani to support her mission of contributing to the growth of her family's business.

About Rani Bilgaiyan's livelihood

Rani is a food entrepreneur who works 8 hours a day for 7 days a week. With this loan Rani 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. Rani Bilgaiyan 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

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Food stall

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