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Bhagirath

Lodhi

Food Entrepreneur

Bangain, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2

Bhagirath

Lodhi

#hardworking#gogetter
Invest in Bhagirath to purchase raw materials for his food stall.

Food Entrepreneur

Madhya Pradesh

364 potential days of livelihood

10,000 loan is fully repaid

10,000 loan is fully repaid


About Bhagirath

Bhagirath is a resident of Bangain. He is a very hard-working man who has recently started a food stall a few years ago. He has now managed to build a small name for his food stall and is hoping to expand his business and make it better. This will also be a great source of income and aid him in gaining a better status amongst his neighbors. He needs a loan to purchase essential raw materials for his shop. This will enhance his business and he will be able to serve more customers. Invest in Bhagirath's food stall now!

About Bhagirath Lodhi's livelihood

Bhagirath is a food entrepreneur who works 8 hours a day for 7 days a week. With this loan Bhagirath 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. Bhagirath Lodhi 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

10,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Food stall

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.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS