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Snehlata

Tiwari

logoCreative Entrepreneur

logo Niwadi, Madhya Pradesh

logo 30,000 has been disbursed

logo 364 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img b-img

Snehlata

Tiwari

#ambitious#courageous
Support Snehlata to purchase raw materials to increase the production of sweet boxes.

logoCreative Entrepreneur

logo Niwadi, Madhya Pradesh

logo 30,000 has been disbursed

logo 364 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

7,500 is
the current outstanding balance

90 0 10 22500 2500 0

90%

10%

0%


Snehlata is a resident of Niwadi city in Madhya Pradesh and has two years of experience in the business of making packaging boxes for sweets. Every year she produces some artisan sweet boxes, and her hard work has brought her great success. This year, she has requested a loan from Rang De to upgrade her production capacity and expand her business. With your support, she will be able to purchase raw materials and increase the production of sweet boxes. She will sell the boxes in the city, which will increase her monthly income. Support her now!

I wish to give a good education to my children.

About Snehlata Tiwari's livelihood

Snehlata is a creative entrepreneur who works 8 hours a day for 7 days a week. With this loan Snehlata will potentially obtain employment for 364 days.

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

Investee
pays The rate of interest charged to the investee

8.00% flat p.a.

14.40% APR

Social
Investor The rate of return an investor makes

3.20%

5.76% APR

Impact
Partner The rate of return an impact partner makes

up to 3.20%

5.76% APR

Platform
charges The charges, the platform incurs by offering it's services

1.60%

2.88% APR

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 Equated Monthly Instalment

Investee
occupation

Handicrafts

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

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.

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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0