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Abhay

Dubey

Service Entrepreneur

Niwari, Madhya Pradesh

455 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Abhay

Dubey

#Hardworking
Invest in Abhay 's construction business to buy more raw materials.

Service Entrepreneur

Madhya Pradesh

455 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Abhay

Abhay Dubey is a hard-working man who knows perseverance, and this is what sets him apart from many others. He lives with his family of 4 members in the district of Niwari in Madhya Pradesh; this has required a significant investment from Abhay. Abhay Dubey has been involved with the construction industry for the past 1 year. He has been able to build a modest business and is looking at expanding his business further. Abhay Dubey wishes to create a long-term future and has utilised a detailed business plan to expand his current business and grow the same. He wishes to raise a loan to buy more raw materials, including cement, iron sheets, and sand, and construct new homes and buildings. Invest in Abhay today!

About Abhay Dubey's livelihood

Abhay is a service entrepreneur who works 10 hours a day for 7 days a week. With this loan Abhay will potentially obtain employment for 455 days.

Interest Rate

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

Construction

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