false
false 0 0 fWqwec6mFZ

Akhlesh

logoFood Entrepreneur

logo Niwari, Madhya Pradesh

logo 50,000 has been disbursed

logo 364 livelihood days i

b-img b-img b-img

Akhlesh

#Hardworking#hustler
Akhlesh needs a loan to buy utensils and raw materials for his food stall.

logoFood Entrepreneur

logo Niwari, Madhya Pradesh

logo 50,000 has been disbursed

logo 364 potential days of livelihood i

28,809.64 is
the current outstanding balance

100 0 0 21190 0 0

100%

0%

0%


Akhlesh is young, energetic and hardworking. He is applying for a loan to purchase utensils and ingredients for his food stall. Akhlesh has been running a food stall in the market for eight years now. His family members help him in the food stall when they are free from their work. He is sure that with his experience he can make his food stall more popular by serving delicious food and better customer service to his customers. With your loan, he will be able to expand his business and serve more customers. He hopes that his food stall becomes famous and he can also recruit more employees.

I wish to own a restaurant in the future.

About Akhlesh 's livelihood

Akhlesh is a food entrepreneur who works 8 hours a day for 7 days a week. With this loan Akhlesh will potentially obtain employment for 364 days.

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

Investee
pays i

8.00% flat p.a.

14.40% APR

Social
Investor i

3.20%

5.76% APR

Impact
Partner i

up to 3.20%

5.76% APR

Platform
charges i

1.60%

2.88% 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 i

Investee
occupation

Food stall

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit bureau score i

No credit history available

 

Rang De confidence score

 i


B

Partner Rating i

B

Loan Profile i

A

Financial Profile i

B

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