K07fTlkhfyC9FC82B54110BD451063FFD2761C8522

Ponnamal

Borrower profile: She is doing flower business and stays with her husband and two children
Loan purpose: To improve the condition of the shop and buy more flowers for business
Repayment Source: She is earning Rs.10000/- per month and her husband is earning Rs. 5000/- per month and her monthly income is expected to increase by Rs. 2500/- after buying more stock for business; from this income she will be able to pay EMI around Rs. 2750/- per month
Borrower's impact: It will increase the monthly income of the family and raise their standard of living

Requires Rs. 30,000

Raised: Rs. 4,600NEED Rs.25,400




Lending Amount

Loan Details

Loan Amount Rs. 30,000Lenders Return10%
Repayment ModeMONTHMicroGraam Fee *7.00%
No of Installments12Processing Fee **1%
Total Cost to Borrower ***18.89%
* Charged during loan tenure + applicable GST
** Processing fee paid as part of first installment + applicable GST
*** Annual Percentage Rate + applicable GST