Sayamful Devi has been running an animal husbandry unit for over four years now. She supports her big family of eight with the income she gets from her business. With support from Rang De, Sayamful wishes to expand her business by purchasing more livestock and work towards enhancing her income. Invest in Sayamful as she wishes to lead a quality life!
Sayamful is an agripreneur who works 6 hours a day for 7 days a week. With this loan Sayamful will potentially obtain employment for 273 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Sayamful Devi 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
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 15,000
Loan
tenure
12 months
Moratorium
None
Repayment
mode
EMI
Investee
occupation
Animal husbandry
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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