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Ranjana

Virsing Vasave

logoService Entrepreneur

logo Nandurbar, Maharashtra

logo 40,000 has been disbursed

logo 364 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Ranjana

Virsing Vasave

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Ranjana needs a computer and a printer for her professional service center.

logoService Entrepreneur

logo Nandurbar, Maharashtra

logo 40,000 has been disbursed

logo 364 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

29,727.1 is
the current outstanding balance

100 0 0 10273 0 0

100%

0%

0%


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!

I wish to become a successful entrepreneur.

About Ranjana Virsing Vasave's livelihood

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.

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

40,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Professional services

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.

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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0