Sayra Vegam is a successful entrepreneur who has been in the business of bangles for the past fifteen years. She is an example of dedication, perseverance, and excellence. With the festive season around the corner, she wishes to stock up her store with new and more varieties of bangles to attract more customers. This will bring in better profits and she can become financially strong. Invest in Sayra's business as she acquires more bangles and expands her retail store.
Sayra is a retailpreneur who works 6 hours a day for 7 days a week. With this loan Sayra 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. Sayra Vegam has consented to pay the interest as below:
Investee
pays
8.00% flat p.a.
14.40% APR
Social
Investor
4.80%
8.64% APR
Platform
charges
3.20%
5.76% APR
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
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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