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Abdul

Hafeez

logoRetailpreneur

logo Basti, Uttar Pradesh

logo 50,000 has been disbursed

logo 546 livelihood days i

b-img b-img b-img

Abdul

Hafeez

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Invest in Abdul Hafeez to buy new cosmetic items to stock-up his cosmetic store.

logoRetailpreneur

logo Basti, Uttar Pradesh

logo 50,000 has been disbursed

logo 546 potential days of livelihood i

37,519.19 is
the current outstanding balance

99.85 0 0.15 12481 19 0

100%

0%

0%


Abdul Hafeez, a resident of Basti is a hard-working man and has set up a cosmetic store in the city. Though Abdul Hafeez has gained two years of experience in this field, he wishes to expand his business by buying new beauty products to expand his cosmetic collection with the product range his store offers. With your assistance, Abdul Hafeez can purchase the products he needs, stock up his store, and improve the variety of beauty items available for his customers. Invest in Abdul as he dreams of being a successful businessman!

I wish to open another branch of my cosmetic store in the city.

About Abdul Hafeez's livelihood

Abdul is a retailpreneur who works 12 hours a day for 7 days a week. With this loan Abdul will potentially obtain employment for 546 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

Retail 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