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Arjun

Kushwaha

Service Entrepreneur

Tikamgarh, Madhya Pradesh

312 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Arjun

Kushwaha

#courageous#ambitious
Invest in Arjun to purchase gas stove parts for his repairing shop.

Service Entrepreneur

Madhya Pradesh

312 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Arjun

Arjun resides in Tikamgarh, the largest city of Madhya Pradesh. He is an energetic entrepreneur with an excellent reputation who is trusted by the locals. Arjun owns a business of repairing stoves and boilers. He began the business with a capital borrowed from the bank. However his sales have been decreasing over the years due to a lack of parts. With this loan, he will buy parts for his customers which will make a great impact in his sales. With this loan, Arjun will also be able to improve his standing in the market and become a key player in his field. If you believe in his ability to do this, back him and his business by funding this loan.

About Arjun Kushwaha's livelihood

Arjun is a service entrepreneur who works 8 hours a day for 6 days a week. With this loan Arjun 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. Arjun 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

20,000

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