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.
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. Ujwla Jagtsing Girase 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
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
Others
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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