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Ruby

Creative Entrepreneur

Jhansi, Uttar Pradesh

25,000 has been disbursed

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Ruby

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Invest in Ruby to purchase cloth materials and threads for her tailoring shop.

Creative Entrepreneur

Uttar Pradesh

25,000 has been disbursed

364 potential days of livelihood

8,064.62 is
the current outstanding balance

67.74 0 0 32.26 16935 0 0 8065

68%

0%

0%

32%


About Ruby

Ruby is a very talented lady, a hard worker, and a reflection of her family values. She is working in the apparel business which provides her with employment and income. With the kind of experience that she has gathered over the last four years, she has become one of the most prominent tailors in the market. She is continuously improving her embroidery skills and her business is also growing. Now, she needs a loan to purchase cloth materials and coloured threads for her shop. She can expand her business in the future and provide more employment to women in her area. Invest in Ruby's shop to empower her to accomplish her dreams.

About Ruby 's livelihood

Ruby is a creative entrepreneur who works 8 hours a day for 7 days a week. With this loan Ruby 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. Ruby 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

25,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Embroidery

Investee Credit Rating:
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.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS