₹ 6,834.54 is
the current outstanding balance
86%
0%
0%
14%
Uma Ahirwar is a resident of Tikamgarh and is currently running a brick-making business. She has faced several challenges in developing this business, but with hard work and perseverance, she has managed to build a sound future for her children. With the assistance of this loan, Uma will be able to purchase raw materials for her brick-making business, allowing her to develop her business more, support her family better and achieve her dream. Invest in Uma now!
Uma is a service entrepreneur who works 6 hours a day for 6 days a week. With this loan Uma will potentially obtain employment for 234 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Uma Ahirwar 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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