false
false 0 0 kHmF8hw4N2

Uma

Devi

Retailpreneur

Jhansi, Uttar Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Uma

Devi

#provider#positive
Invest in Uma to stock up her retail store and decorate it.

Retailpreneur

Uttar Pradesh

364 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Uma

Uma lives in Jhansi and owns a retail store, where she sells a variety of items such as household goods, cosmetic items, and other accessories. She is a hard-working woman and strives to make the best of the items she purchases. She shows immense integrity in her work and maintains a reliable business model. With this loan, Uma will make an investment in her business by purchasing a variety of goods for resale. She wishes to decorate her store as well. She will also invest in a few other elements that will draw in more customers and improve her business' profit margin. Invest in Uma to help her grow her business and carry out her goal of providing a solid income for her children.

About Uma Devi's livelihood

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

Retail 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.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS