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Sudha

Raja

Retailpreneur

Niwadi, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2

Sudha

Raja

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Sudha plans to expand her small retail store and enhance her income.

Retailpreneur

Madhya Pradesh

364 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Sudha

Sudha Raja is a determined woman who knows the value of financial freedom. She lives in Niwadi, Madhya Pradesh, with her family. She spends most of her time maintaining and running her retail shop and stitching clothes. She's been in the business for over a year and would like to expand her store. She seeks a loan as the profits she makes now are not enough to invest in her store. She will set up a cash counter as well for her store. Support Sudha as she expands her retail store to cater to a greater number of customers, and earn a better income for her family.

About Sudha Raja's livelihood

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

Interest Rate

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

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