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Abdul

Hafeez

Retailpreneur

Basti, Uttar Pradesh

50,000 has been disbursed

546 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Abdul

Hafeez

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

Retailpreneur

Uttar Pradesh

50,000 has been disbursed

546 potential days of livelihood

4,166.63 is
the current outstanding balance

91.67 0 0 8.33 45833 0 0 4167

92%

0%

0%

8%


About Abdul

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!

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.

Interest Rate

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

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Retail store

Investee Credit Rating:
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.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS