false
false 0 0 QbEgpypC1V

Avdhesh

Kumar

logoService Entrepreneur

logo Basti, Uttar Pradesh

logo 50,000 has been disbursed

logo 364 livelihood days i

b-img b-img b-img b-img

Avdhesh

Kumar

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Avdhesh is keen to expand his mobile repair shop.

logoService Entrepreneur

logo Basti, Uttar Pradesh

logo 50,000 has been disbursed

logo 364 potential days of livelihood i

41,522.89 is
the current outstanding balance

100 0 0 8477 0 0

100%

0%

0%


Avdhesh Kumar, who lives in the Basti district of Uttar Pradesh, runs a small mobile repair shop. He is the sole breadwinner in his family of five, comprising his wife and children. With the little income he earns, he always makes sure that his family is happy. He has a dream to expand his mobile repair shop further by adding a computer and purchasing some essential repairing items. He is a small business owner whose business has thrived over the years. Support him to continue to grow his business and provide better services to his clients.

I wish to enjoy a secure future with my family.

About Avdhesh Kumar's livelihood

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

Repair works

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