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Amit Kumar

Ahirwar

Retailpreneur

Tikamgarh, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Amit Kumar

Ahirwar

#positive#courageous
Amit needs to purchase materials for his retail store and decorate it.

Retailpreneur

Madhya Pradesh

364 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Amit Kumar

The retail store has been open for nearly two years, but it is yet to get a good clientele. Amit has managed to cover the cost of the store with his income however the sales of products have been slow. Amit wants to decorate the store and make it more attractive to the buyers, he also intends to purchase stock which will help improve the turnover. This loan will help him purchase the materials required to do this. This loan will fund his retail store, which will be stocked with food items and daily household items. This loan will help Amit make a name for himself in the area and create a stable life for his family. Invest in Amit today!

About Amit Kumar Ahirwar's livelihood

Amit Kumar is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Amit 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. Amit Kumar Ahirwar 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

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Retail store

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