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Anand Kumar

Sen

Beautypreneur

Jhansi, Uttar Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Anand Kumar

Sen

#hustler#dedicated
Anand needs credit to purchase furniture for his salon.

Beautypreneur

Uttar Pradesh

364 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Anand Kumar

Anand is the owner of a Salon at Jhansi. His clientele largely consists of the city's men and children. He has a set of regular customers too. Like other business owners, Anand has used his savings to start this business and the loan will support his business development. The loan will help him to buy a few furniture for his Salon to replace the old ones. This will help him to grow professionally and to build his business. He will be able to deliver the services to his customers in an efficient way. Support him to attract more customers and earn better!

About Anand Kumar Sen's livelihood

Anand Kumar is a beautypreneur who works 8 hours a day for 7 days a week. With this loan Anand 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. Anand Kumar Sen 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

Beauty parlour

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