false
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Ujwla

Jagtsing Girase

logoService Entrepreneur

logo Nandurbar, Maharashtra

logo 50,000 has been disbursed

logo 227 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Ujwla

Jagtsing Girase

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Ujwla needs grinding machines for her flour mill.

logoService Entrepreneur

logo Nandurbar, Maharashtra

logo 50,000 has been disbursed

logo 227 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

33,331.28 is
the current outstanding balance

100 0 0 16669 0 0

100%

0%

0%


Ujwla Jagtsing Girase is a hard-working woman from the district of Nandurbar. She lives a moderate yet fulfilling life with her family of four members. Ujwla has worked in the flour milling business for the past six years and is currently looking to expand her business. She is in need of a loan to purchase grinding machines, machinery, and furniture for her flour mill. Invest in Ujwla's business as she expands her flour mill and earns better income to provide for her family.

I wish to add value chain and expand my flour business.

About Ujwla Jagtsing Girase's livelihood

Ujwla is a service entrepreneur who works 5 hours a day for 7 days a week. With this loan Ujwla will potentially obtain employment for 227 days.

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

Investee
pays The rate of interest charged to the investee

8.00% flat p.a.

14.40% APR

Social
Investor The rate of return an investor makes

3.20%

5.76% APR

Impact
Partner The rate of return an impact partner makes

up to 3.20%

5.76% APR

Platform
charges The charges, the platform incurs by offering it's services

1.60%

2.88% APR

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 Equated Monthly Instalment

Investee
occupation

Others

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

Indian Micro Enterprises Development Foundation
   view website

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

Your Investees

Total Lives Impacted

0

Days of Livelihood

0