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Aniket

Kumar

Food Entrepreneur

Ramgarh, Jharkhand

910 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Aniket

Kumar

#dedicated# rolemodel
Aniket needs funds to renovate his hotel and buy grocery.

Food Entrepreneur

Jharkhand

910 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Aniket

Aniket is a young man who shares the responsibility of running a grocery shop with his father. He is a kind and serious person who is respected in his community. He is very generous with the people who are in need. Aniket is looking to expand his business by renovating his shop and buying more grocery items. With this business expansion, he plans to hire a manager to help him around the shop as he will have more time to spend with his family. Invest in Aniket today!

About Aniket Kumar's livelihood

Aniket is a food entrepreneur who works 20 hours a day for 7 days a week. With this loan Aniket will potentially obtain employment for 910 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Aniket Kumar has consented to pay the interest as below:

Investee
pays

6.00% flat p.a.

10.80% APR

Social
Investor

6.00%

10.80% APR

Platform
charges

0.00%

0.00% 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

Food store

Investee Credit Rating:
Excellent

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

Transform Rural India Foundation
   
Partner logo

Established in

2016

With Rang De from

2022

Founded by

Anish Kumar, Anirban Ghose

TRIF aims to bring about a paradigm change in the lives of disadvantaged communities in rural India, more specifically the poorest 100,000 villages and enable the rural communities to achieve their full potential by ensuring they have equal access to the opportunities available to everyone else.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS