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Shanti

Prajapati

Retailpreneur

Niwari, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Shanti

Prajapati

#passionate#hustler
Support Shanti to purchase essential items for her retail store.

Retailpreneur

Madhya Pradesh

364 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Shanti

Shanti Prajapati is a hard-working woman. She has been able to maintain her family with the earnings from her retail store. Shanti operates her own wholesale store and is a familiar face in her community. She has many dreams for the future and wishes to be able to make her dreams come true. This loan will help her purchase essential items such as stationery, grocery, and other essential household items for her store. She will also use some amount to decorate her store. Support Shanti and her dreams of having a better tomorrow.

About Shanti Prajapati's livelihood

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

20,000

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