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Bhagwandas

Napit

Service Entrepreneur

Niwari, Madhya Pradesh

273 livelihood days

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Bhagwandas

Napit

#breadwinner#hardworking
Invest in Bhagwandas to purchase raw materials and decorate his flour mill.

Service Entrepreneur

Madhya Pradesh

273 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Bhagwandas

Bhagwandas is a resident of Niwari in Madhya Pradesh. He belongs to a very poor family and runs a flour mill. He earns by collecting raw materials, making flours, and later on selling the finished product to his customers. Bhagwands is a very hard worker and has a deep passion for decorating his flour mill. Financial assistance from Rang De will help him to buy raw materials like rice, pulses, etc. for making flours and decorate his flour mill beautifully. This will not only increase his sales but also help him to make a name for himself in the flour mill business. In this way, other people will start trusting him and purchase flour from his mill. Support him now!

About Bhagwandas Napit's livelihood

Bhagwandas is a service entrepreneur who works 6 hours a day for 7 days a week. With this loan Bhagwandas will potentially obtain employment for 273 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Bhagwandas Napit 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

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Others

Investee Credit Rating:
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