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Rabiya

Begam

logoRetailpreneur

logo Niwari, Madhya Pradesh

logo 50,000 has been disbursed

logo 318 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Rabiya

Begam

#breadwinner#hardworking
Support Rabiya Begam as she weaves a successful future for her apparels business.

logoRetailpreneur

logo Niwari, Madhya Pradesh

logo 50,000 has been disbursed

logo 318 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

29,166.65 is
the current outstanding balance

83.33 0 16.67 20833 4167 0

83%

17%

0%


Rabiya Begam's business is located in her own house and she has been a successful entrepreneur for the past 15 years. Rabiya Begam has always been an entrepreneur. She established a small apparel store to support her family of three. Now that her business is growing, she needs this loan to purchase a sewing machine, fabric and yarns. She also wishes to use the credit to improve the furniture in her store. She hopes to be able to give her children a better education and standard of living. She hopes to buy a residential plot in order to build her own house and have her own land

My dream is to enjoy a secure future with my family.

About Rabiya Begam's livelihood

Rabiya is a retailpreneur who works 7 hours a day for 7 days a week. With this loan Rabiya will potentially obtain employment for 318 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