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Susal

Retailpreneur

Jhajjar, Haryana

455 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Susal

#hardworking# creative
Support Susal by investing in her apparel store.

Retailpreneur

Haryana

455 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Susal

Susal is mostly known as a hard-working, strong woman. She has been struggling to run her own business of apparels for the past 1 year. Running her business has meant that she is unable to be with her family for long periods of time, as she believes that 'a good wife is a supportive wife.' Despite making profits from her business, her family struggles to meet their basic needs. Susal's dream is to run her own business and support her family with a balance between work and family. She is requesting a loan of INR 50,000 to purchase cloth material in bulk for her business. Invest in Susal as she seeks to purchase material in bulk for her apparel store.

About Susal 's livelihood

Susal is a retailpreneur who works 10 hours a day for 7 days a week. With this loan Susal will potentially obtain employment for 455 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Susal has consented to pay the interest as below:

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

4.80%

8.64% APR

Platform
charges

3.20%

5.76% 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:
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