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Akhlesh kumar

Kushwaha

Creative Entrepreneur

Niwadi, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4

Akhlesh kumar

Kushwaha

#breadwinner#hardworking
Akhlesh kumar requires credit to successfully run his tent house business.

Creative Entrepreneur

Madhya Pradesh

364 potential days of livelihood

40,000 loan is fully repaid

40,000 loan is fully repaid


About Akhlesh kumar

Akhlesh is an enterprising man who has been running a small shop in his village in Niwadi, Madhya Pradesh, to make a living. He provides items for decoration, furniture, utensils, and tent house items to the people for functions. He has ties to his customers, who come to his shop to rent items. Customers are returning to his shop to rent items for all their functions. With the restrictions imposed due to the pandemic, his business has been down. Now, he wishes to get a loan to bring his business back. With access to loans, he is able to order goods to meet the demands of his customers, thereby contributing to the growth of his business. Support him now!

About Akhlesh kumar Kushwaha's livelihood

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

Interest Rate

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

40,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Handicrafts

Investee Credit Rating:
Very 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