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Shuri Bati

Devi

Retailpreneur

Kishan Ganj, Bihar

312 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4

Shuri Bati

Devi

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Shuri needs steel bars, cement, and other construction materials for renovating her retail store.

Retailpreneur

Bihar

312 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Shuri Bati

Shuri Bati owns a retail store in Kishan Ganj. Shuri is a very hardworking young mother, who has the responsibility of supporting her family with the money she earns from her store. She is looking to renovate her store and needs your support to do so. This loan will be used to purchase steel bars, cement, and other construction materials. With this renovation, her store will be more spacious and organized. With your generous support, she hopes to help her entire family move forward in their lives. Support Shuri Bati!

About Shuri Bati Devi's livelihood

Shuri Bati is a retailpreneur who works 8 hours a day for 6 days a week. With this loan Shuri Bati 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. Shuri Bati Devi 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

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