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Suman

Devi

Beautypreneur

Jhansi, Uttar Pradesh

318 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Suman

Devi

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

Beautypreneur

Uttar Pradesh

318 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Suman

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!

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.

Interest Rate

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

Beauty parlour

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