false
false 0 0 plRSjWbJRT

Abdul Nijam

Khan

logoAgripreneur

logo Tikamgarh, Madhya Pradesh

logo 50,000 has been disbursed

logo 318 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Abdul Nijam

Khan

#ambitious#keen
Abdul needs a loan to buy chickens for his meat store.

logoAgripreneur

logo Tikamgarh, Madhya Pradesh

logo 50,000 has been disbursed

logo 318 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

24,578.54 is
the current outstanding balance

100 0 0 25421 0 0

100%

0%

0%


Abdul is a young resident of Tikamgarh who runs a meat store. He has been in this business for five years. He sells meat in the locality and has a good number of returning customers. Seeing the prospect of his venture, Abdul wants to upscale his meat store. He needs a loan to buy more chickens which will enable him to fulfill more orders. This will eventually add to his revenue. Some part of the loan will also be used for maintenance which will attract more customers. Invest in Abdul's venture and see him prosper.

I want to own a commercial chicken farm.

About Abdul Nijam Khan's livelihood

Abdul Nijam is an agripreneur who works 7 hours a day for 7 days a week. With this loan Abdul Nijam will potentially obtain employment for 318 days.

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

Investee
pays The rate of interest charged to the investee

8.00% flat p.a.

14.40% APR

Social
Investor The rate of return an investor makes

3.20%

5.76% APR

Impact
Partner The rate of return an impact partner makes

up to 3.20%

5.76% APR

Platform
charges The charges, the platform incurs by offering it's services

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 Equated Monthly Instalment

Investee
occupation

Meat store

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

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.

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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0