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Uma Devi

Pal

Retailpreneur

Niwari, Madhya Pradesh

455 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Uma Devi

Pal

#believer#strength
Uma Devi needs credit to stock up her Kirana store.

Retailpreneur

Madhya Pradesh

455 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Uma Devi

Uma Devi is an enterprising woman who runs a small Kirana store next to her house. She is seeking a loan to stock up her store with a fresh stock of items. She has been doing the same business for the last year and is earning an income to support her family of five. Invest in Uma Devi's Kirana store as she expands her business, and lives her dream of owning a bigger house.

About Uma Devi Pal's livelihood

Uma Devi is a retailpreneur who works 10 hours a day for 7 days a week. With this loan Uma Devi will potentially obtain employment for 455 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 Pal has consented to pay the interest as below:

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

4.80%

8.64% APR

Platform
charges

3.20%

5.76% APR

Loan Details

The following section provides a detailed view of the investee loan requirement.

Loan
amount

30,000

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.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS