Borrower profile: She is running a tailoring business and stays with son and daughter
Loan purpose: To buy cloth materials for tailoring business
Repayment Source: She is earning Rs.6000/- per month and her son is earning Rs. 7000/- per month and her monthly income is expected to increase by Rs. 3000/- after buying cloth materials; from this income she will be able to pay EMI around Rs. 2750/- per month
Borrower's impact: It will enable her family to improve their way of living

Requires Rs. 30,000

Raised: Rs. 18,200NEED Rs.11,800

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