false
false 0 0 31UbTu68Q6

Sheela

Devi

logoCreative Entrepreneur

logo Jhansi, Uttar Pradesh

logo 20,000 has been disbursed

logo 318 livelihood days i

b-img b-img b-img

Sheela

Devi

#hustler#provider
Sheela needs a loan to upscale her handicraft business.

logoCreative Entrepreneur

logo Jhansi, Uttar Pradesh

logo 20,000 has been disbursed

logo 318 potential days of livelihood i

11,662.15 is
the current outstanding balance

100 0 0 8338 0 0

100%

0%

0%


Sheela Devi happily works at her own home-based venture with her family. She has been in the handicraft industry for over 12 years and has a good experience in designs. Sheela was not able to pursue education and because of her financial condition, she chose this profession. Sheela's family, who is dependent on her for survival take part in the manufacturing process as well. Sheela has an adequate interest in her business and a dream to become self-sufficient; however, her low income makes her feel helpless. Sheela needs a loan to purchase designing equipment. This will help her grow, which will lead to increased profits and improved standard of living. The loan will also facilitate the training of her family, improving their skills in the field.

I want to earn a substantial income with my business.

About Sheela Devi's livelihood

Sheela is a creative entrepreneur who works 7 hours a day for 7 days a week. With this loan Sheela will potentially obtain employment for 318 days.

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

Investee
pays i

8.00% flat p.a.

14.40% APR

Social
Investor i

3.20%

5.76% APR

Impact
Partner i

up to 3.20%

5.76% APR

Platform
charges i

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 i

Investee
occupation

Handicrafts

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit bureau score i

 

B

Rang De confidence score

 i


B

Partner Rating i

B

Loan Profile i

A

Financial Profile i

B

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.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0