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Surekha

Parihar

Creative Entrepreneur

Niwari, Madhya Pradesh

195 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Surekha

Parihar

#passionate#achiever
Invest in Surekha to purchase a tailoring machine for her work.

Creative Entrepreneur

Madhya Pradesh

195 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Surekha

Surekha is one of the few tailors in her town in Niwari, Madhya Pradesh. She lives with her family of four and has been doing the tailoring work for over eight years. She can take up any kind of stitching, and her hard work has steadily made her a well-liked member of the community. But she is determined to keep impressing everyone around her and improve her work efficiency; with a high-quality stitching machine, she will be able to offer the best embroidery services, which would contribute hugely to her financial progress. She needs financial assistance for the same. Support Surekha today to buy a new tailoring machine!

About Surekha Parihar's livelihood

Surekha is a creative entrepreneur who works 5 hours a day for 6 days a week. With this loan Surekha will potentially obtain employment for 195 days.

Interest Rate

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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Embroidery

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