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Ankur

Tiwari

Retailpreneur

Tikamgarh, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Ankur

Tiwari

#breadwinner#hardworking
Ankur needs a loan to restock his general store.

Retailpreneur

Madhya Pradesh

364 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Ankur

Ankur is a young entrepreneur from Tikamgarh, Madhya Pradesh. He owns a small retail store in his village. In his fairly short career, he has been able to become successful at running his own business. This loan will help him expand his business, and he hopes to open a new retail store. This loan will help him restock his existing store with new products. His goal is to give his customers the best shopping experience possible, as well as make a profit. He hopes that his business will continue to grow in the future, and he looks forward to expanding his customer base in the future. Join Ankur in making his dream come true by contributing to his new business.

About Ankur Tiwari's livelihood

Ankur is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Ankur 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. Ankur Tiwari 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

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