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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

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Invest in Amit to purchase clothes and decorate his apparel store.

Retailpreneur

Madhya Pradesh

364 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Amit Kumar

Amit is a dedicated apparel store owner who sells all kinds of clothes from formal clothes to casual ones. In spite of his very little experience in this profession, Amit started his own business and his hard work has paid off beautifully. This loan will help him expand his business by purchasing items necessary for the clothing store such as different kinds of clothes, shoes, bags, and many others. Investing in Amit's business will not only help him grow his business but also help connect him to more markets. Invest in Amit to grow his business further!

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

30,000

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