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Anil

Kushwaha

Service Entrepreneur

Niwari, Madhya Pradesh

312 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Anil

Kushwaha

#dedicated#believer
Invest in Anil to purchase materials for his lights shop.

Service Entrepreneur

Madhya Pradesh

312 potential days of livelihood

40,000 loan is fully repaid

40,000 loan is fully repaid


About Anil

New entrepreneurs like Anil, who has been engaged in the light industry for only five years, are often lacking the necessary capital to invest in their businesses. This loan will help him achieve his goal of expanding his store and improving his products through investing in a variety of better-quality light bulbs, tubes, and other accessories. The additional income that he will generate will be used to support his family, including his wife and children, who often have to work alongside him to help out. Support Anil to generate a better income and provide for his family well!

About Anil Kushwaha's livelihood

Anil is a service entrepreneur who works 8 hours a day for 6 days a week. With this loan Anil will potentially obtain employment for 312 days.

Interest Rate

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

40,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Repair works

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