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Sanju

Devi

Retailpreneur

Mirzapur, Uttar Pradesh

273 livelihood days

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

Sanju

Devi

#courageous#achiever
Sanju needs a loan to restock her beauty parlour.

Retailpreneur

Uttar Pradesh

273 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Sanju

Sanju is a hardworking lady and has a small beauty parlour that she runs daily. She generates a good income when she is able to secure good clients and stocks all the products required for grooming. Unfortunately, Sanju runs out of stock very quickly, making it hard for her to run a successful business. With this loan, she could buy much-needed cosmetics and other products and the business would be able to sustain itself, allowing her to be able to raise her children and contribute to her household's income.

About Sanju Devi's livelihood

Sanju is a retailpreneur who works 6 hours a day for 7 days a week. With this loan Sanju will potentially obtain employment for 273 days.

Interest Rate

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