false
false 0 0 YgkhfftBwi

Annu

Lal

logoFood Entrepreneur

logo Lakhimpur Kheri, Uttar Pradesh

logo 45,000 has been disbursed

logo 591 livelihood days i

b-img b-img b-img

Annu

Lal

#breadwinner#hardworking
Annu Lal needs credit to arrange infrastructure for his food stall.

logoFood Entrepreneur

logo Lakhimpur Kheri, Uttar Pradesh

logo 45,000 has been disbursed

logo 591 potential days of livelihood i

37,178.2 is
the current outstanding balance

100 0 0 7822 0 0

100%

0%

0%


Annu Lal is a hard-working man who knows perseverance, and this is what sets him apart from many others. He lives with his family of 5 in the district of Lakhimpur Kheri. He has been working for the past 7 years as a food store owner. This occupation gives him the flexibility to manage his family's cost of living and help his family out. Although he has a small income from this business, his family struggles to meet all their basic needs on time. Annu Lal is looking for a loan to improve his business and expand his food stall store. He feels that this is the right time to get the food stall renovated, and wants to raise some additional funds to purchase some furniture, which can be arranged as a seating module in this food stall. Invest in Annu Lal as he improves his food stall and expands his business, purchase additional furniture, and provide his his customers a safe and clean environment to have a meal.

My dream is to enjoy a secure future with my family.

About Annu Lal's livelihood

Annu is a food entrepreneur who works 13 hours a day for 7 days a week. With this loan Annu will potentially obtain employment for 591 days.

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

Investee
pays i

8.00% flat p.a.

14.40% APR

Social
Investor i

3.20%

5.76% APR

Impact
Partner i

up to 3.20%

5.76% APR

Platform
charges i

1.60%

2.88% APR

The following section provides a detailed view of the investee loan requirement.

Loan
amount

45,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Food store

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit bureau score i

No credit history available

 

Rang De confidence score

 i


B

Partner Rating i

B

Loan Profile i

A

Financial Profile i

B

Indian Micro Enterprises Development Foundation
   view website

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.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0