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Amzad

Khan

Retailpreneur

Bahraich, Uttar Pradesh

637 livelihood days

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Amzad

Khan

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Invest in Amzad as he purchases grocery items for his retail store.

Retailpreneur

Uttar Pradesh

637 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Amzad

Amzad Khan is a hard-working man who owns a retail shop in Bahraich and has been working in this sector for the past year. He is new to this business and just started making an income. With a dream of providing for a better and secure future for his family, he is looking to run his business successfully. He needs a loan to purchase grocery items such as oil, mustard, sugar, pulses, etc. in bulk for his retail store. This will enable him to meet his customers' demands. This will bring him better profits to support his family well. Invest in Amzad as he takes his business to new heights!

About Amzad Khan's livelihood

Amzad is a retailpreneur who works 14 hours a day for 7 days a week. With this loan Amzad will potentially obtain employment for 637 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Amzad Khan 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

50,000

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