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Sarita

Chandan Jayswal

logoCreative Entrepreneur

logo Nandurbar, Maharashtra

logo 10,000 has been disbursed

logo 364 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Sarita

Chandan Jayswal

#Entrepreneurship # Women Empowerment
Sarita wishes to set up her own tailoring store by purchasing additional sewing machines.

logoCreative Entrepreneur

logo Nandurbar, Maharashtra

logo 10,000 has been disbursed

logo 364 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

5,832.1 is
the current outstanding balance

100 0 0 4168 0 0

100%

0%

0%


Sarita works as an embroidery worker at her house. She has been working for the last 12 years for tailors and embroidery workers. To expand, she requires additional sewing machines. She requires a loan to set up her own tailoring shop. She will use this loan amount to purchase sewing machines. Sarita wishes to become a self-reliant woman, and one day fulfil her ambition of owning her own boutique and serving her family better.

I want to run my own business and start a boutique.

About Sarita Chandan Jayswal's livelihood

Sarita is a creative entrepreneur who works 8 hours a day for 7 days a week. With this loan Sarita will potentially obtain employment for 364 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

10,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Embroidery

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