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Arvind

Kushwaha

logoFood Entrepreneur

logo Tikamgarh, Madhya Pradesh

logo 30,000 has been disbursed

logo 312 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Arvind

Kushwaha

#positive#hustler
Support Arvind to get essential materials for his food stall.

logoFood Entrepreneur

logo Tikamgarh, Madhya Pradesh

logo 30,000 has been disbursed

logo 312 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

12,499.67 is
the current outstanding balance

87.5 0 12.5 17500 2500 0

88%

12%

0%


Arvind is a hard-working person who sets an example of self-determination for others. He is a food store owner in Tikamgarh and the income he earns from this food store helps his family lead a comfortable life. He makes the famous Tikamgarh Jalebis since he was fourteen. Arvind is seeking a loan to extend his services and provide his patrons with better-quality products. With the help of this loan, Arvind will be able to purchase essential commodities for his food store and satisfy the needs of his clients worth every penny. Support Arvind financially!

I wish to start a restaurant and provide a better life to my family.

About Arvind Kushwaha's livelihood

Arvind is a food entrepreneur who works 8 hours a day for 6 days a week. With this loan Arvind will potentially obtain employment for 312 days.

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

Investee
pays The rate of interest charged to the investee

8.00% flat p.a.

14.40% APR

Social
Investor The rate of return an investor makes

3.20%

5.76% APR

Impact
Partner The rate of return an impact partner makes

up to 3.20%

5.76% APR

Platform
charges The charges, the platform incurs by offering it's services

1.60%

2.88% APR

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

Loan
amount

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Food store

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

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