false
false 0 0 YofVgpjzNN

Sukanti

Mohanta

logoRetailpreneur

logo Mayurbhanj, Odisha

logo 50,000 has been disbursed

logo 273 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Sukanti

Mohanta

#breadwinner#hardworking
Support Sukanti to purchase essential items to her retail store.

logoRetailpreneur

logo Mayurbhanj, Odisha

logo 50,000 has been disbursed

logo 273 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

12,496.1 is
the current outstanding balance

100 0 0 37504 0 0

100%

0%

0%


Sukanti is a resident of Mayurbhanj. She runs a retail store which gives her an opportunity to contribute to the economic development of her family. Sukanti is optimistic about the future and believes in taking risks and challenges to grow in life. She is the mother of two children and is looking for advice and assistance for her retail store. With the support of this loan, she will contribute towards the growth of her retail store and be able to build a sound foundation for her family. She will be able to purchase the essential items to store. Have your own share in supporting Sukanti's mission towards providing a better life to her family!

I wish to enjoy a secure future with my family.

About Sukanti Mohanta's livelihood

Sukanti is a retailpreneur who works 6 hours a day for 7 days a week. With this loan Sukanti will potentially obtain employment for 273 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

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Retail store

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.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0