false
false 0 0 mt7ng2ubQp

Amit

Khatik

logoAgripreneur

logo Niwari, Madhya Pradesh

logo 30,000 has been disbursed

logo 312 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Amit

Khatik

#positive#hustler
Support Amit to purchase chickens and equipment for his meat store.

logoAgripreneur

logo Niwari, Madhya Pradesh

logo 30,000 has been disbursed

logo 312 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

10,000 is
the current outstanding balance

100 0 0 20000 0 0

100%

0%

0%


Amit Khatik is a resident of Niwari and has been working in the meat business for the last five years. Over time, the hours that he devotes to his work are not enough to generate enough income to support his family. With your support, he will purchase more chickens, equipment, and a freezer to expand his business and support his family. He has a dream that his business will eventually earn him the income that he truly deserves to support his family. With your help, his dream can be realized. Invest in Amit!

I wish to expand my meat business and renovate the store.

About Amit Khatik's livelihood

Amit is an agripreneur who works 8 hours a day for 6 days a week. With this loan Amit will potentially obtain employment for 312 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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Meat store

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