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Amit Kumar

Ahirwar

logoRetailpreneur

logo Tikamgarh, Madhya Pradesh

logo 30,000 has been disbursed

logo 364 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Amit Kumar

Ahirwar

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

logoRetailpreneur

logo Tikamgarh, Madhya Pradesh

logo 30,000 has been disbursed

logo 364 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

12,390.05 is
the current outstanding balance

100 0 0 17610 0 0

100%

0%

0%


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!

I wish to open another apparel store in the city.

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.

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

Retail 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