Amandeep Singh Chaudhary is a skillful and professional man who has started a professional services centre last year. He provides various online services to his clients and has gained their trust. He realizes that it would be most efficient to have a printer that can print things on his shop itself to save time and effort. He will also purchase some stationery items required for his shop. Invest in Amandeep Singh as he becomes more efficient in running his business.
Amandeep is a service entrepreneur who works 10 hours a day for 7 days a week. With this loan Amandeep will potentially obtain employment for 455 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Amandeep Singh Chaudhary 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
₹ 25,000
Loan
tenure
12 months
Moratorium
None
Repayment
mode
EMI
Investee
occupation
Professional services
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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