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Shanti

Devi

Creative Entrepreneur

Niwari, Madhya Pradesh

455 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Shanti

Devi

#go-getter#hustler
Shanti needs credit to purchase threads for her power loom.

Creative Entrepreneur

Madhya Pradesh

455 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Shanti

Shanti Devi is a woman of great strength, perseverance, and character. She lives in a small village in Niwari, Madhya Pradesh. She is a motivated and hardworking woman. She owns a power loom unit and has been running it for the past twenty-five years. Her business is a significant source of income for her family. Now, she wishes to get a loan to buy threads for her business, which she aims to expand. Invest in Shanti as she expands her business and enhances her income.

About Shanti Devi's livelihood

Shanti is a creative entrepreneur who works 10 hours a day for 7 days a week. With this loan Shanti will potentially obtain employment for 455 days.

Interest Rate

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

Loan Details

The following section provides a detailed view of the investee loan requirement.

Loan
amount

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Embroidery

Investee Credit Rating:
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