false
false 0 0 HcJu62irVy

Uma

Devi

Food Entrepreneur

Niwari, Madhya Pradesh

182 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Uma

Devi

#ambitious#passionate
Invest in Uma Devi's food stall and help her enjoy a better life.

Food Entrepreneur

Madhya Pradesh

182 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Uma

Uma Devi hails from Niwari, a small city in Madhya Pradesh. Helping members of her community by providing them with convenient and quality food is something that Uma does with significant pride. Her food stall mainly serves the community by selling vegetarian food, but she also performs special functions such as birthday parties and meetings that require catering. She will invest your loan to purchase essential equipment and materials to ensure a standard of service that remains high. The shop is a major source of income for the family. Help Uma to purchase essential items to enable her to successfully maintain her shop and contribute to her family.

About Uma Devi's livelihood

Uma is a food entrepreneur who works 4 hours a day for 7 days a week. With this loan Uma will potentially obtain employment for 182 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

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Food stall

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