false
false 0 0 Y48rBLVWhK

Seema

Rai

logoRetailpreneur

logo Jhansi, Uttar Pradesh

logo 30,000 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

Seema

Rai

#courageous#ambitious
Invest in Seema to purchase stocks for her retail store.

logoRetailpreneur

logo Jhansi, Uttar Pradesh

logo 30,000 has been disbursed

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

4,996.4 is
the current outstanding balance

100 0 0 25004 0 0

100%

0%

0%


Seema is the proprietor of a retail store in Jhansi, a business that she has been running for the last ten years. She sells a wide assortment of household necessities and other products essential for everyday living at her store. The business is fast paced, keeping Seema on her toes as she juggles running the store, meeting and greeting customers, and managing the inventory. She will use this loan to purchase inventory so that she can keep up with the steady stream of customers coming into her store. Seema plans on purchasing more products to build her inventory, increasing the revenue from her business, and allowing her to expand her operations. Buy into Seema's resolute and determined nature and invest in her business.

I wish to give a good education to my children.

About Seema Rai's livelihood

Seema is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Seema 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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Retail store

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.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0