false
false 0 0 wVzJbuJGPG

Rani

Banskar

logoCreative Entrepreneur

logo Tikamgarh, Madhya Pradesh

logo 50,000 has been disbursed

logo 273 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Rani

Banskar

#courageous#go-getter
Support Rani as she needs raw materials for making brooms.

logoCreative Entrepreneur

logo Tikamgarh, Madhya Pradesh

logo 50,000 has been disbursed

logo 273 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

33,333.32 is
the current outstanding balance

80 0 20 16667 4167 0

80%

20%

0%


Rani Banskar lives in Tikamgarh, in Madhya Pradesh, with her family of four. Rani is now running her own business of making brooms. Her income from this business requires a lot of dedication, hard work and skill, but she lacks the funds to expand her work. Rani's biggest challenge is finding enough raw materials to make her products. With your support, she can buy enough raw materials to increase the production of brooms and enhance her income. Invest in Rani and her broom business!

I wish to give a good education to my children.

About Rani Banskar's livelihood

Rani is a creative entrepreneur who works 7 hours a day for 6 days a week. With this loan Rani will potentially obtain employment for 273 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

Handicrafts

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