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Saraswatee

Kushwaha

Creative Entrepreneur

Niwari, Madhya Pradesh

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Saraswatee

Kushwaha

#Hardworking#optimistic
Help Saraswatee expand her tailoring business.

Creative Entrepreneur

Madhya Pradesh

273 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Saraswatee

Saraswati is a hard-working woman who has dedicated her life towards working on tailoring. Eight years ago, she started her own tailoring shop and has been making livelihood through this business ever since. Her tailoring shop is a home-based unit. This loan will help her purchase additional fabric and thread to be used in the business, allowing her to increase the number of dresses she can make and the number of people employed in the shop. With additional orders and income, she will be able to expand her business and her dreams.

About Saraswatee Kushwaha's livelihood

Saraswatee is a creative entrepreneur who works 6 hours a day for 7 days a week. With this loan Saraswatee 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. Saraswatee 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

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.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS