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Shradha

Duve

Hotelier

Niwari, Madhya Pradesh

312 livelihood days

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Shradha

Duve

#courageous#believer
Invest in Shradha to purchase stocks and renovate her medical store.

Hotelier

Madhya Pradesh

312 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Shradha

Shradha was born as a part of a large family in Niwari, India. After marriage, she joined her husband in his business and started a medical store. Her work is the key to providing the basic necessities of life for her family; however, her medical store is not in its prime condition and is unable to meet the requirements of her family. With support from Rang De, Shradha will renovate her medical store and purchase stocks, turning it into a thriving business. She is determined to go back to her hometown in a few years with her family and contribute her side of the family's income. Let's invest in Shradha to support her dreams and help build a better future for her entire family!

About Shradha Duve's livelihood

Shradha is a hotelier who works 8 hours a day for 6 days a week. With this loan Shradha will potentially obtain employment for 312 days.

Interest Rate

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

Hospitality

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