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Arun

Jain

logoService Entrepreneur

logo Jhansi, Uttar Pradesh

logo 50,000 has been disbursed

logo 364 livelihood days i

b-img b-img b-img

Arun

Jain

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Arun needs credit to purchase medicines and renovate his medical shop.

logoService Entrepreneur

logo Jhansi, Uttar Pradesh

logo 50,000 has been disbursed

logo 364 potential days of livelihood i

37,489.19 is
the current outstanding balance

100 0 0 12511 0 0

100%

0%

0%


Arun is a resident of Jhansi, and he has successfully established his own medical shop there. He is known to be a dependable and reliable agent of unique and premium quality health products. Arun has an experience of two years in his field, and needs the loan to purchase medicines and decorate his medical shop. Arun is making great strides, but with your assistance, he can move mountains. Have your own share in promoting Arun's dream to become a successful businessman.

I wish to expand my business and become a successful entrepreneur.

About Arun Jain's livelihood

Arun is a service entrepreneur who works 8 hours a day for 7 days a week. With this loan Arun will potentially obtain employment for 364 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

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Others

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

A

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