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Suman

Kushwaha

logoFood Entrepreneur

logo Tikamgarh, Madhya Pradesh

logo 20,000 has been disbursed

logo 364 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Suman

Kushwaha

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

logoFood Entrepreneur

logo Tikamgarh, Madhya Pradesh

logo 20,000 has been disbursed

logo 364 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

4,926.44 is
the current outstanding balance

90.44 0 9.56 15074 1593 0

90%

10%

0%


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.

I wish to become a successful entrepreneur.

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.

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

Food 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.

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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0