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Sonia

Retailpreneur

Jhajjar, Haryana

50,000 has been disbursed

546 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Sonia

#breadwinner# hardworking
Sonia needs credit for her apparel business.

Retailpreneur

Haryana

50,000 has been disbursed

546 potential days of livelihood

4,166.63 is
the current outstanding balance

91.67 0 0 8.33 45833 0 0 4167

92%

0%

0%

8%


About Sonia

Sonia is a strong women and lives with her family in the district of Jhajjar. She is a hardworking woman who has been selling apparel material items for the past 3 years in her city. Despite the income that she makes from her store, Sonia struggles to meet the needs of her family. Sonia's dream is to secure a better future for her kids. She is looking to raise a loan to purchase different types of clothing, fabrics and cloth material for her store to expand her business and increase her income. Support Sonia in achieving her dreams!

About Sonia 's livelihood

Sonia is a retailpreneur who works 12 hours a day for 7 days a week. With this loan Sonia will potentially obtain employment for 546 days.

Interest Rate

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

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Apparel 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