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Rani

.

Retailpreneur

Jhansi, Uttar Pradesh

455 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Rani

.

#achiever#resilient
Rani is keen to expand her retail store by adding more items.

Retailpreneur

Uttar Pradesh

455 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Rani

Rani is a vibrant woman who has spent the last five years running her own retail store. She has a positive attitude toward life and says that she is keen to expand her retail store. She is looking for a loan to procure essential raw materials for her shop. With the festive season coming, she will stock up her sore with all the necessary goods so that she can meet the demands of her customers. Invest in Rani as she expands her business, increases sales, and transforms her retail store.

About Rani . 's livelihood

Rani is a retailpreneur who works 10 hours a day for 7 days a week. With this loan Rani will potentially obtain employment for 455 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Rani . has consented to pay the interest as below:

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

4.80%

8.64% APR

Platform
charges

3.20%

5.76% 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

Retail 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