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Shradda

Retailpreneur

Jhansi, Uttar Pradesh

260 livelihood days

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Shradda

#courageous#breadwinner
Invest in Shradda's apparel store and enable her earn better.

Retailpreneur

Uttar Pradesh

260 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Shradda

Shradda Tiwari is an entrepreneur from Jhansi, Uttar Pradesh. She lives with her family of four there and runs an apparel store to support them. But the pandemic put her business down and she is struggling to meet her credit needs. She needs a loan to bring her business back to life. The loan amount will enable her to purchase new stocks for her store. This will attract more customers and Shradda will restart earning a good income. Invest in Shradda today!

About Shradda 's livelihood

Shradda is a retailpreneur who works 8 hours a day for 5 days a week. With this loan Shradda will potentially obtain employment for 260 days.

Interest Rate

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

30,000

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