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Santoshi Devi

Kushwaha

Retailpreneur

Tikamgarh, Madhya Pradesh

546 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Santoshi Devi

Kushwaha

#ambitious#courageous
Invest in Santoshi Devi to expand her retail store.

Retailpreneur

Madhya Pradesh

546 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Santoshi Devi

Santoshi Devi is from Niwari, Madhya Pradesh, and lives with her family of six there. She runs a retail store for over two years to support her family. She does not have any outside funds, and her customers are mostly her neighbors. To help her business grow, Santoshi needs a loan from Rang De to expand her retail store, so that she can reach more people. She will use the credit to purchase raw materials and products and the remaining amount to purchase decorative items and infrastructure for her shop. This expansion will provide her with a better income. Invest in Santoshi Devi today!

About Santoshi Devi Kushwaha's livelihood

Santoshi Devi is a retailpreneur who works 12 hours a day for 7 days a week. With this loan Santoshi Devi will potentially obtain employment for 546 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 Kushwaha 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