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Shanti

Service Entrepreneur

Tikamgarh, Madhya Pradesh

273 livelihood days

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Shanti

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Shanti needs credit to purchase shuttering parts for her business.

Service Entrepreneur

Madhya Pradesh

273 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Shanti

Shanti has been in this business of shuttering parts for the past two years. Initially, she started with the little savings she had and soon she realized that she can easily earn more money by expanding her business. Since then she has been working hard to expand her business to include more shuttering parts in her inventory. This loan will help her purchase more shuttering parts so that she can build her inventory and expand her business even further. Invest in Shanti to expand her business and thereby improve her life.

About Shanti 's livelihood

Shanti is a service entrepreneur who works 6 hours a day for 7 days a week. With this loan Shanti will potentially obtain employment for 273 days.

Interest Rate

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

Others

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