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Balkishun

Ahirwar

logoService Entrepreneur

logo Niwadi, Madhya Pradesh

logo 50,000 has been disbursed

logo 468 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Balkishun

Ahirwar

#hardworking#ambitious
Support Balkishun to purchase a desktop and a printer for his shop.

logoService Entrepreneur

logo Niwadi, Madhya Pradesh

logo 50,000 has been disbursed

logo 468 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

12,497.63 is
the current outstanding balance

100 0 0 37502 0 0

100%

0%

0%


Balkishun is a very capable man from Niwadi, Madhya Pradesh. He owns a shop which provides professional services to the people of his district; he is open to lending his expertise, and this is what makes him hold a special place in the eyes of the people of Niwadi. With some support from Rang De, he wishes to purchase a desktop and a printer so that he can deliver the services to his customers on time. Support Balkishun and his professional services shop to grow and keep serving people in his district.

I wish to expand my business.

About Balkishun Ahirwar's livelihood

Balkishun is a service entrepreneur who works 12 hours a day for 6 days a week. With this loan Balkishun will potentially obtain employment for 468 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

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Professional services

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