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Anil Kumar

Bind

Service Entrepreneur

Mirzapur , Uttar Pradesh

390 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Anil Kumar

Bind

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Anil Kumar needs credit to expand his professional services business.

Service Entrepreneur

Uttar Pradesh

390 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Anil Kumar

Anil Kumar Bind resides in Mirzapur, Uttar Pradesh. Presently, he has a family of six members, and his source of income is solely from his profession. He has been involved with his appliance service business for the past 8 years. Anil knows that his business is thriving, but he is looking to expand it by getting a loan to purchase mobile phones and phone parts at wholesale rates, enabling him to expand his shop and set up a mobile store. Invest in Anil to start his mobile shop by purchasing mobile phones and parts on credit.

About Anil Kumar Bind 's livelihood

Anil Kumar is a service entrepreneur who works 10 hours a day for 6 days a week. With this loan Anil Kumar will potentially obtain employment for 390 days.

Interest Rate

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

Professional services

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