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Satri

Bano

logoCreative Entrepreneur

logo Jhansi, Uttar Pradesh

logo 50,000 has been disbursed

logo 455 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Satri

Bano

#resilient#achiever
Satri Bano needs credit for her handicrafts business.

logoCreative Entrepreneur

logo Jhansi, Uttar Pradesh

logo 50,000 has been disbursed

logo 455 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

41,665.8 is
the current outstanding balance

100 0 0 8334 0 0

100%

0%

0%


Satri Bano is passionate about her work and dreams of a secure future. She works hard to be able to provide for her family and is dedicated to her work. She is a handicraft maker along with her husband and sells the products on a small scale. She has been in this profession for more than eight years now and has seen enough success. With a loan, she can improve her shop, move towards professional production, and expand her business. Invest in Satri Bano to support her to purchase raw materials to expand her business.

I wish to become a successful entrepreneur.

About Satri Bano's livelihood

Satri is a creative entrepreneur who works 10 hours a day for 7 days a week. With this loan Satri will potentially obtain employment for 455 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

4.80%

8.64% 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

0.00%

-0.00% APR

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 Equated Monthly Instalment

Investee
occupation

Handicrafts

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