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Bhupendra

Khare

Service Entrepreneur

Niwari, Madhya Pradesh

390 livelihood days

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Bhupendra

Khare

#dedicated# rolemodel
Bhupendra Khare needs credit to expand his coaching centre.

Service Entrepreneur

Madhya Pradesh

390 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Bhupendra

Bhupendra Khare has been running a coaching centre in Niwari, Madhya Pradesh for the last 11 years. He now has better future plans for his institute. He wishes to use the funds to add furniture and purchase stationary for his classes. The revenue from the institute will help him sustain his family's needs. With a successful coaching institute, Bhupendra wants to build his reputation in the field of education and spread his wings towards the glory of his family.

About Bhupendra Khare's livelihood

Bhupendra is a service entrepreneur who works 10 hours a day for 6 days a week. With this loan Bhupendra will potentially obtain employment for 390 days.

Interest Rate

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

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Professional services

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