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Rizwana

Begam

Retailpreneur

Bahraich, Uttar Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4

Rizwana

Begam

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Invest in Rizwana's cosmetic store.

Retailpreneur

Uttar Pradesh

364 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Rizwana

Rizwana Begam is a native of Uttar Pradesh and has started a cosmetic store recently. The business is doing well and is generating small profits for her. Currently, she is planning to expand her business and needs a loan to purchase chudi, make-up kits, henna, and other cosmetic products. Many women come to her shop to purchase these products and have a huge demand. Adding more stocks will enable him to have more business and she will be able to earn well. Support this young entrepreneur and her dreams!

About Rizwana Begam's livelihood

Rizwana is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Rizwana will potentially obtain employment for 364 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Rizwana Begam 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

Loan Details

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

Investee
occupation

Retail store

Investee Credit Rating:
Very Good

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

Indian Micro Enterprises Development Foundation
   view website
Partner logo

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

FUNDS

INDIVIDUALS