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Shanti

Prajapati

logoRetailpreneur

logo Niwari, Madhya Pradesh

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

b-img b-img b-img

Shanti

Prajapati

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

logoRetailpreneur

logo Niwari, Madhya Pradesh

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

20,000 loan is fully repaid

20,000 loan is fully repaid


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.

I wish to become a successful entrepreneur.

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.

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

20,000

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.

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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0