false
false 0 0 bBlk24nili

Akash

Banshkar

logoService Entrepreneur

logo Jhansi, Uttar Pradesh

logo 40,000 has been disbursed

logo 273 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Akash

Banshkar

#ambitious# hardworking
Akash needs equipments for his DJing venture.

logoService Entrepreneur

logo Jhansi, Uttar Pradesh

logo 40,000 has been disbursed

logo 273 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

36,666.4 is
the current outstanding balance

100 0 0 3334 0 0

100%

0%

0%


Akash Banshkar is a 24 year old man who is a resident of Jhansi district in Uttar Pradesh. Akash is fun loving, very energetic and a spontaneous person. Akash runs a DJing venture and is passionate about it. His goal is to own a shop of original DJing accessories and instruments and wishes to avail a credit for the same. Invest in Akash Banshkar as he establishes his own shop of DJing equipment and accessories.

I wish to inspire young entrepreneurs in starting their businesses.

About Akash Banshkar's livelihood

Akash is a service entrepreneur who works 6 hours a day for 7 days a week. With this loan Akash will potentially obtain employment for 273 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

40,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Others

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