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.
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. Akash Banshkar has consented to pay the interest as below:
Investee
pays
8.00% flat p.a.
14.40% APR
Social
Investor
4.80%
8.64% APR
Platform
charges
3.20%
5.76% 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
Investee
occupation
Others
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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