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Akhlesh

Kushwaha

Retailpreneur

Niwari, Madhya Pradesh

455 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Akhlesh

Kushwaha

#determined#passionate
Invest in Akhlesh to stock up his retail store.

Retailpreneur

Madhya Pradesh

455 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Akhlesh

The retail store of Akhlesh is located near the district centre in Niwari, a locality that is considered to be a bustling hub of customers and businesses. His business is approximately two years old, and has grown significantly; his goal though is to make it even better. Akhlesh is the man behind the business, a hard-working and persevering entrepreneur. With the help of this loan, he will stock up his retail store with new products, to provide a larger variety of goods to its patrons; this business strategy is sure to attract the attention of crowds and achieve his goal. With your support, Akhlesh will see his business grow and improve!

About Akhlesh Kushwaha's livelihood

Akhlesh is a retailpreneur who works 10 hours a day for 7 days a week. With this loan Akhlesh will potentially obtain employment for 455 days.

Interest Rate

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

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

3.20%

5.76% APR

Platform
charges

4.80%

8.64% APR

Loan Details

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

Loan
amount

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Retail store

Investee Credit Rating:
Good

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

Indian Micro Enterprises Development Foundation
   view website
Partner logo

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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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS