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Urmila Devi

Ahirwar

logoFood Entrepreneur

logo Tikamgarh, Madhya Pradesh

logo 20,000 has been disbursed

logo 364 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Urmila Devi

Ahirwar

#vision#gogetter
Urmila devi needs a loan to upscale her food stall.

logoFood Entrepreneur

logo Tikamgarh, Madhya Pradesh

logo 20,000 has been disbursed

logo 364 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

9,999.98 is
the current outstanding balance

100 0 0 10000 0 0

100%

0%

0%


Urmila Devi makes delicious food items. Her food is well known for its taste. She runs a food stall in the locality which brings home additional income for her family of three. The growing demand of customers has made her confident to upscale her venture. With the loan amount, she will be able to add more food items to the menu and pay for the raw materials. She is confident that this loan will grow her business and add more revenue. Invest In Urmila's food stall and enable her to become sustainable.

I wish to have enough savings for the future.

About Urmila Devi Ahirwar's livelihood

Urmila Devi is a food entrepreneur who works 8 hours a day for 7 days a week. With this loan Urmila Devi will potentially obtain employment for 364 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

3.20%

5.76% 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

1.60%

2.88% APR

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 Equated Monthly Instalment

Investee
occupation

Food stall

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