false
false 0 0 o57ZwvKozZ

Abhishek

Kumar

logoAgripreneur

logo Bahraich, Madhya Pradesh

logo 50,000 has been disbursed

logo 182 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Abhishek

Kumar

#Hard worker
Abhishek wants to expand his ago-product business.

logoAgripreneur

logo Bahraich, Madhya Pradesh

logo 50,000 has been disbursed

logo 182 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

37,499.87 is
the current outstanding balance

100 0 0 12500 0 0

100%

0%

0%


Abhishek Kumar is a successful and hard-working young man who is the head of his family. Currently, Abhishek works in the agriculture industry and sells agro-products. Abhishek's goal is to expand his business more and increase his profits, though his biggest obstacle is how he can realise his dream. With limited funds and less working capital, Abhishek is looking to raise a loan to purchase the necessary tools and equipment to expand his business and improve the quality of his products. He is looking to raise a loan of Rs. 50,000. Invest in Abhishek as he looks to increase his output of agro products and expand his business with the purchase of new equipment for his rural product selling business.

My dream is a enjoy a secure future with my family

About Abhishek Kumar's livelihood

Abhishek is an agripreneur who works 4 hours a day for 7 days a week. With this loan Abhishek will potentially obtain employment for 182 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

4.80%

8.64% 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

0.00%

-0.00% 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

Agro products

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.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0