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Bijlesh

Kumar Singh

Retailpreneur

Lakhimpur, Uttar Pradesh

455 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Bijlesh

Kumar Singh

#passionate#ambitious
Bijlesh needs credit to buy mobile accessories for his shop.

Retailpreneur

Uttar Pradesh

455 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Bijlesh

Bijlesh Kumar Singh is a person who wants to make a big name for himself. He currently owns a small retail shop that sells mobile phones and accessories. His dream is to expand his business, but due to the lack of enough funds, it becomes very difficult for him to achieve this goal. He is looking for a loan to buy a large stock of mobile accessories so that he can fulfill the requirements of his customers. Support him fulfill his dream of expanding his business and achieving greater heights in the future.

About Bijlesh Kumar Singh's livelihood

Bijlesh is a retailpreneur who works 10 hours a day for 7 days a week. With this loan Bijlesh will potentially obtain employment for 455 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Bijlesh Kumar Singh has consented to pay the interest as below:

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

4.80%

8.64% APR

Platform
charges

3.20%

5.76% 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

Retail store

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