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Ajay

Kant Tamta

Retailpreneur

Almora, Uttarakhand

390 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Ajay

Kant Tamta

#courageous#determined
Ajay needs credit to expand her retail business.

Retailpreneur

Uttarakhand

390 potential days of livelihood

75,000 loan is fully repaid

75,000 loan is fully repaid


About Ajay

Ajay lives in Almora, Uttarakhand, and is an entrepreneur. He receives income from running a small retail store. He is looking to expand this business so that he can enhance his livelihood. Ajay will invest in winter clothes for his business. He feels that his disability must not come in the way of him being independent. Therefore, expanding his business is his first initiative in the same direction. He wishes to motivate his family and other members of the differently-abled community. Invest in Ajay so that he can expand his business.

About Ajay Kant Tamta's livelihood

Ajay is a retailpreneur who works 10 hours a day for 6 days a week. With this loan Ajay will potentially obtain employment for 390 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Ajay Kant Tamta has consented to pay the interest as below:

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

4.00%

7.20% APR

Platform
charges

6.00%

10.80% APR

Loan Details

The following section provides a detailed view of the investee loan requirement.

Loan
amount

75,000

Loan
tenure

24 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Retail store

Investee Credit Rating:
Adequate

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

Udhyam Housed Under Agrani India Foundation
   view website
Partner logo

Established in

2017

With Rang De from

2020

Founded by

Pankaj Wadhwa

Udhyam Entrepreneurs' rural entrepreneurship program was conceived by the people working in Uttarakhand to encourage entrepreneurial development in rural communities of the Kumaon region of Uttarakhand. The idea behind the “Changemakers” program is to create entrepreneurs who create jobs and opportunities through mentoring and providing credit. As change agents, they facilitate this idea by being the drivers of change, further in their communities by creating a buzz about entrepreneurship and role models in the community.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS