false
false 0 0 kPb55mnd5w

Sandhya

Srivastava

logoRetailpreneur

logo Niwari, Madhya Pradesh

logo 50,000 has been disbursed

logo 318 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Sandhya

Srivastava

#ambitious#achiever
Enable Sandhya to purchase a new sewing machine and other essential items for sewing.

logoRetailpreneur

logo Niwari, Madhya Pradesh

logo 50,000 has been disbursed

logo 318 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

11,035.65 is
the current outstanding balance

100 0 0 38964 0 0

100%

0%

0%


Sandhya is a hard-working woman and a renowned seamstress in her city, she has been a tailor for the past ten years and running a small business of garments. Sandhya requires a loan to enhance her stock of cloth materials and add new products to her existing collection and wants to purchase a new sewing machine as her old machine is not working well. She will also purchase other essential items such as needles, threads, and scissors. This loan would enable her to be self-reliant and work towards the betterment of her family's lifestyle.

I wish to start a big apparel store.

About Sandhya Srivastava's livelihood

Sandhya is a retailpreneur who works 7 hours a day for 7 days a week. With this loan Sandhya will potentially obtain employment for 318 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

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Apparel store

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