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Suresh

Devi

Retailpreneur

Jhajjar, Haryana

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Suresh

Devi

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Suresh intends to upscale her apparel store.

Retailpreneur

Haryana

364 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Suresh

Suresh Devi is a resident of Jhajjar, Haryana. She needs to buy new clothing items for her apparel store. Suresh Devi has been in this business for the past five years. She has made a lot of effort over the years and has finally succeeded in establishing and developing the business. But now she is in need of money in order to purchase stocks from the market to keep her business running smoothly. With the support of this loan, she will be able to purchase stocks for her store, as well as expand her business further. This business will eventually assist in developing Suresh Devi's family and provide her with a great source of income. Invest in her now!

About Suresh Devi's livelihood

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

Apparel store

Investee Credit Rating:
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