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Suman

Kushwaha

Food Entrepreneur

Tikamgarh, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Suman

Kushwaha

#hardworking#ambitious
Support Suman to purchase equipment for her flour mill.

Food Entrepreneur

Madhya Pradesh

364 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Suman

Suman is a hard-working woman with a strong sense of commitment to lead her family business with confidence. Suman is a very dynamic, enterprising, and self-confident woman. She has been successfully running a flour mill business with her husband for over four years. Through this loan, she has been able to become financially stable and manage every aspect of her business smoothly. Suman is planning to purchase equipment to increase her business profit. This will help her to become financially stable and to improve the lives of her children.

About Suman Kushwaha's livelihood

Suman is a food entrepreneur who works 8 hours a day for 7 days a week. With this loan Suman 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. Suman Kushwaha 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

Food 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