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Seema

Rai

Retailpreneur

Jhansi, Uttar Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Seema

Rai

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

Retailpreneur

Uttar Pradesh

364 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Seema

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.

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.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Seema Rai 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

Loan Details

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

Investee Credit Rating:
Very Good

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

Indian Micro Enterprises Development Foundation
   view website
Partner logo

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

FUNDS

INDIVIDUALS