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Rashmi

logoAgripreneur

logo Tikamgarh, Madhya Pradesh

logo 30,000 has been disbursed

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

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Rashmi

#breadwinner#hardworking
Rashmi needs a loan to restock her agro store.

logoAgripreneur

logo Tikamgarh, Madhya Pradesh

logo 30,000 has been disbursed

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

14,998.78 is
the current outstanding balance

100 0 0 15001 0 0

100%

0%

0%


Rashmi has a hard-working approach to her business and that is what sets her apart from other people. Rashmi was born in Tikamgarh a district in Madhya Pradesh; she is known to be active in her business. She started her business by starting an agro store, which she stocked with her savings. She needs a loan of Rs.30,000  to restock her agro store. Her business will be able to make a pivotal turn with the help of this loan.

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

About Rashmi 's livelihood

Rashmi is an agripreneur who works 8 hours a day for 7 days a week. With this loan Rashmi 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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Agro products

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