false
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Suman

Devi

logoBeautypreneur

logo Jhansi, Uttar Pradesh

logo 20,000 has been disbursed

logo 318 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Suman

Devi

#breadwinner#hardworking
Support Suman to purchase more cosmetic items and accessories to expand her business.

logoBeautypreneur

logo Jhansi, Uttar Pradesh

logo 20,000 has been disbursed

logo 318 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

6,666.64 is
the current outstanding balance

100 0 0 13333 0 0

100%

0%

0%


Suman is an enterprising woman who lives in Jhansi and operates a beauty parlour. She has been successful in building her business over the last two years and she has managed to attract many customers. With a steady demand for her services, she is seeking this loan to expand her business by purchasing cosmetics and accessories. This way, she will be able to meet the needs of her customers and enhance her income. Have a share in contributing to making her mission of expansion become a reality!

I wish to give a good education to my children.

About Suman Devi's livelihood

Suman is a beautypreneur who works 7 hours a day for 7 days a week. With this loan Suman will potentially obtain employment for 318 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

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Beauty parlour

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