false
false 0 0 RAFQ6BScr4

Arvindra

Service Entrepreneur

Niwadi, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Arvindra

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Arvindra needs credit to expand his shuttering business.

Service Entrepreneur

Madhya Pradesh

364 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Arvindra

Arvindra has hard work and perseverance as qualities that set him apart from others. Arvindra has been running his shuttering business for three years now. His business depends on construction workers looking for material to build houses and lodges. With the earnings from this loan, he would make a large investment in expanding his business. He will purchase shuttering material in bulk so he will be able to reduce the cost of shuttering a home. This loan will help Arvindra establish his business, grow his income, and provide employment to many others. Support Arvindra so he can contribute to the growth of his family's business.

About Arvindra 's livelihood

Arvindra is a service entrepreneur who works 8 hours a day for 7 days a week. With this loan Arvindra 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. Arvindra 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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Construction

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.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS