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Uma Devi

Pal

logoRetailpreneur

logo Niwari, Madhya Pradesh

logo 30,000 has been disbursed

logo 455 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Uma Devi

Pal

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

logoRetailpreneur

logo Niwari, Madhya Pradesh

logo 30,000 has been disbursed

logo 455 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

24,984.38 is
the current outstanding balance

100 0 0 5016 0 0

100%

0%

0%


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.

I wish to build a big house for my family.

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.

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays The rate of interest charged to the investee

8.00% flat p.a.

14.40% APR

Social
Investor The rate of return an investor makes

4.80%

8.64% APR

Impact
Partner The rate of return an impact partner makes

up to 3.20%

5.76% APR

Platform
charges The charges, the platform incurs by offering it's services

0.00%

-0.00% APR

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 Equated Monthly Instalment

Investee
occupation

Retail store

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

Indian Micro Enterprises Development Foundation
   view website

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

Your Investees

Total Lives Impacted

0

Days of Livelihood

0