Ranjana is a young and ambitious woman who has been running her own professional services in Nandurbar for over four years. She operates her service center on a limited budget and therefore requires a new computer and a printer to keep up with her customers' needs. She's looking for a loan to buy these two items and bridge the gap in her income from her business. Invest in Ranjana as she aims to expand her business and lead a better life!
Ranjana is a service entrepreneur who works 8 hours a day for 7 days a week. With this loan Ranjana will potentially obtain employment for 364 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Ranjana Virsing Vasave 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
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 40,000
Loan
tenure
12 months
Moratorium
None
Repayment
mode
EMI
Investee
occupation
Professional services
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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