false
false 0 0 Em2iy5vp4H

Varsha

logoRetailpreneur

logo Jhansi, Uttar Pradesh

logo 50,000 has been disbursed

logo 364 livelihood days i

b-img b-img b-img

Varsha

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Varsha needs credit to purchase cloth materials and essential items for stitching.

logoRetailpreneur

logo Jhansi, Uttar Pradesh

logo 50,000 has been disbursed

logo 364 potential days of livelihood i

37,499.99 is
the current outstanding balance

100 0 0 12500 0 0

100%

0%

0%


Varsha is a resident of Jhansi and has been in the apparel business for about six years. She works hard to support her family and has invested her personal savings in her business. However, she has not been able to cover all her business expenses. For this reason, she needs a loan to buy additional cloth materials and essential items for stitching such as threads, needles, scissors, etc. She hopes to purchase these items on time so that she can take more orders as it is the festival season now. Invest in Varsha now and support her business to flourish!

I wish to open a big apparel store and enjoy a secure future with my family.

About Varsha 's livelihood

Varsha is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Varsha 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 i

8.00% flat p.a.

14.40% APR

Social
Investor i

3.20%

5.76% APR

Impact
Partner i

up to 3.20%

5.76% APR

Platform
charges i

1.60%

2.88% APR

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

Loan
amount

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Apparel store

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit bureau score i

 

A

Rang De confidence score

 i


B

Partner Rating i

B

Loan Profile i

A

Financial Profile i

A

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.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0