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Sonam

Maurya

Retailpreneur

Lakhimpur Kheri, Uttar Pradesh

455 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Sonam

Maurya

#determined#courageous
Sonam needs credit to purchase stocks to her retail store.

Retailpreneur

Uttar Pradesh

455 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Sonam

Sonam Maurya is a young and ambitious woman who lives with her husband and children in Lakhimpur Kheri. She owns a retail store and has been running this business for a few years. Despite the income that Sonam makes from her business, she struggles to meet all her family's needs on time. With a dream to educate her children and expand her business, she is looking for a loan for a working capital amount and also to purchase more stock for her retail store. She will make her store more attractive for her customers to purchase for this upcoming festival season. Invest in Sonam as she expands her retail business with the additional inventory.

About Sonam Maurya's livelihood

Sonam is a retailpreneur who works 10 hours a day for 7 days a week. With this loan Sonam will potentially obtain employment for 455 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Sonam Maurya has consented to pay the interest as below:

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

4.80%

8.64% APR

Platform
charges

3.20%

5.76% APR

Loan Details

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

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