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Sunita

Devi

Retailpreneur

Jhansi, Uttar Pradesh

364 livelihood days

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Sunita

Devi

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Help Sunita invest in her clothing store.

Retailpreneur

Uttar Pradesh

364 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Sunita

Sunita is a retail store owner from Jhansi and supports her family of four. She has over 5 years of experience in the clothing industry. Her income is instrumental in providing her children with a good education. She wishes to expand her store, add more items for her inventory and renovate her business. Invest in this passionate, hardworking woman to see her bring change to her community.

About Sunita Devi's livelihood

Sunita is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Sunita 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. Sunita 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

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Retail 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