false
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Akhlesh

Kushwaha

logoService Entrepreneur

logo Niwari, Madhya Pradesh

logo 20,000 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

Akhlesh

Kushwaha

#passionate#believer
Akhlesh requires credit to purchase materials for his tent house service.

logoService Entrepreneur

logo Niwari, Madhya Pradesh

logo 20,000 has been disbursed

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

8,336.87 is
the current outstanding balance

100 0 0 11663 0 0

100%

0%

0%


Akhlesh Kushwaha is a young, energetic and hardworking person. He runs a tent house service in Niwari, where he lives with his family of four. He prides himself on being committed to the cause of his customers. He can be counted on for quality work and timely delivery. This loan will enable him to purchase a few essential materials such as tents, sound boxes, and decorating materials and provide better quality services to his customers. Invest in Akhlesh to run his business successfully!

I wish to become a successful entrepreneur.

About Akhlesh Kushwaha's livelihood

Akhlesh is a service entrepreneur who works 6 hours a day for 7 days a week. With this loan Akhlesh 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

3.20%

5.76% 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

1.60%

2.88% APR

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

Loan
amount

20,000

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