false
false 0 0 4xcpsTjRon

Balchandra

logoRetailpreneur

logo Jhansi, Uttar Pradesh

logo 30,000 has been disbursed

logo 318 livelihood days i

b-img b-img b-img

Balchandra

#positive#courageous
Balchandra needs a loan to expand his retail store and live a quality life.

logoRetailpreneur

logo Jhansi, Uttar Pradesh

logo 30,000 has been disbursed

logo 318 potential days of livelihood i

14,354.31 is
the current outstanding balance

100 0 0 15646 0 0

100%

0%

0%


Balchandra is a very sincere and hardworking man. He resides in Jhansi, with his wife and two children. He was an agriculture laborer before venturing into retail shop business. Balchandra wants to expand his retail store and live a quality life; he is seeking a loan from Rang De to achieve this. With the assistance of this loan, he will purchase new products for his store to deliver to his customers. When several challenges came his way, he never wanted to quit, and chose to stand up against them with sheer perseverance, fueling his determination to achieve his goals. Have your own share in helping Balchandra attain a bright future for his family by contributing towards the growth of his retail store, and towards the overall development of his family.

I wish to give a good future for my children.

About Balchandra 's livelihood

Balchandra is a retailpreneur who works 7 hours a day for 7 days a week. With this loan Balchandra will potentially obtain employment for 318 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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Retail store

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