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Amit

Yadav

Service Entrepreneur

Jhansi, Uttar Pradesh

455 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Amit

Yadav

#hardworking#dedicated
Invest in Amit to purchase a trolley for his tractor.

Service Entrepreneur

Uttar Pradesh

455 potential days of livelihood

1,00,000 loan is fully repaid

1,00,000 loan is fully repaid


About Amit

Amit is a resident of Jhansi, an established tractor-owner, and an expert in his own right. He is well-known for offering his customers the utmost quality and service. However, his business is limited in scope, and he can't expand it due to his limited resources. This loan will be used for purchasing a good-quality trolley for his tractor, allowing him to transport more goods, and earn greater profits. The additional capital generated with this loan will help Amit establish his business on a solid foundation with added assets, and support his family's future.

About Amit Yadav's livelihood

Amit is a service entrepreneur who works 10 hours a day for 7 days a week. With this loan Amit 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. Amit Yadav 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

1,00,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Transport services

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