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Thoudam Romita Devi

##bakery #healthyaffordablefood
Thoudam Romita Devi wishes to start a bakery to support her family better.

Food Entrepreneur

Imphal, Manipur

1,00,000 has been disbursed

312 potential days of livelihood i

91,666.66 is the current outstanding balance

50 0 50 8333 8333 0

50%

50%

0%


Thoudam Romita Devi has been running a handicrafts business for more than eight years. However, in the last few years she has found a new passion in baking. She wishes to build on this passion further by setting up a bakery that serves healthy and affordable food. She wishes to set up the business and slowly increase her production to capture the major markets. Invest in Thoudam as she works on her passion to support her family.

I wish to increase my production and capture at least 40% of bakery market.

About Thoudam Romita Devi's livelihood

Thoudam is a food entrepreneur who works 8 hours a day for 6 days a week. With this loan Thoudam will potentially obtain employment for 312 days.

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

Investee
pays i

3.70% flat p.a.

6.66% APR

Social
Investor i

3.70%

6.66% APR

Impact
Partner i

up to 0.00%

0.00% APR

Platform
charges i

0.00%

0.00% APR

The interest rate displayed here is based on the rate chosen by you. To choose a different rate, please click here.

The following section provides a detailed view of the investee loan requirement.

Loan
amount

1,00,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Food stall

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit
bureau
score i

No credit history available

 

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

A

Dhriiti-The Courage Within

Established in

2004

With Rang De from

2020

Founded by

Anirban Gupta, Nidhi Gupta, Arindam Dasgupta

Project Her&Now, GIZ: Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) GmbH is implementing the project 'Economic Empowerment of Women Entrepreneurs and Start-ups by Women' on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ) and in partnership with the Ministry of Skill Development and Entrepreneurship (MSDE), Government of India, to support aspiring and existing women entrepreneurs in India. Under the name of 'Her&Now', the project aims to contribute to a more enabling environment for women-led enterprises in India. Dhriiti - The Courage Within, founded in 2004, is a non-profit organisation working for the promotion of entrepreneurship across the country. With a vision to create financial, social, and ecologically (FSE) impactful entrepreneurs and enterprises and generate sustainable livelihoods, Dhriiti works with women, youth, children, and communities in economic crisis (CiEC); to build the spirit of entrepreneurship among Indian youth and to provide training on entrepreneurship skills, build businesses and deliver activities to grow local economies. Dhriiti has worked in 27 states across India to equip people from diverse socio-economic backgrounds with a strong focus on women entrepreneurs. With extensive knowledge and experience in working at different regions of India, Dhriiti continues to deliver the service of incubating women entrepreneurs in India through different projects like Ekta, YouStart NE, Project Pragati, WeCan, Beautypreneur and Project Her&Now

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