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Usha

Kushwaha

Retailpreneur

Tikamgarh, Madhya Pradesh

312 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4 Borrower Image 5

Usha

Kushwaha

#hardworking#gogetter
Usha needs credit to grow her cosmetics store.

Retailpreneur

Madhya Pradesh

312 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Usha

Usha lives in Tikamgarh, Madhya Pradesh. Usha has a cosmetics shop that provides for her family of six. She runs her own shop from a small room, keeping her costs low. This loan will help Usha to purchase updated products, furniture for the shop, and more. This way, she can set aside a portion of the profits towards her children's schooling and support her husband in the future. She is determined to open a larger shop in her village to make a larger profit. Support Usha to make a brighter future for herself and her family.

About Usha Kushwaha's livelihood

Usha is a retailpreneur who works 8 hours a day for 6 days a week. With this loan Usha will potentially obtain employment for 312 days.

Interest Rate

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

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