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Shariba

Khatoon

Retailpreneur

Bahraich, Uttar Pradesh

162 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Shariba

Khatoon

#breadwinner#hardworking
Shariba needs funds to open her new apparel store.

Retailpreneur

Uttar Pradesh

162 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Shariba

Shariba Khatoon is a hard-working woman who knows perseverance, and this is what sets her apart from many others. She lives with her family of six members in the district of Bahraich in Uttar Pradesh. Shariba was assisting her husband in a furniture workshop for many years. Now she is taking a step ahead and wanted to open her own apparel store, but has struggled to do so because of financial constraints. With a dream of providing for a better and secure future for her family, she is looking to borrow funds to open a new store, and buy garments, and furniture. Invest in Shariba as she opens her apparel store and buys various garments to sell.

About Shariba Khatoon's livelihood

Shariba is a retailpreneur who works 5 hours a day for 5 days a week. With this loan Shariba will potentially obtain employment for 162 days.

Interest Rate

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

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Apparel 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