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Abdul Nijam

Khan

Agripreneur

Tikamgarh, Madhya Pradesh

318 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Abdul Nijam

Khan

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

Agripreneur

Madhya Pradesh

318 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Abdul Nijam

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.

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.

Interest Rate

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

Meat store

Investee Credit Rating:
Very 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.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS