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Santoshi Devi

Prajapati

Retailpreneur

Niwari, Madhya Pradesh

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Santoshi Devi

Prajapati

#active#resilient
Santoshi needs credit to stock up and decorate her cosmetics store.

Retailpreneur

Madhya Pradesh

273 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Santoshi Devi

Santoshi Devi is the major breadwinner of her family of five. She is from Niwari, a small town in Madhya Pradesh where she has a retail store for cosmetics. She is now looking for buying new products to stock up her store with the assistance of the loan from Rang De. With this loan, she will stock up on products that she plans to sell at a very reasonable price. This will be very helpful for Santoshi when the festive season comes. Invest in Santoshi and help her run her business successfully!

About Santoshi Devi Prajapati 's livelihood

Santoshi Devi is a retailpreneur who works 6 hours a day for 7 days a week. With this loan Santoshi Devi 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. Santoshi Devi Prajapati 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

30,000

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