false
false 0 0 Ph4i8QKGux

Bijlesh

Kumar Singh

logoRetailpreneur

logo Lakhimpur, Uttar Pradesh

logo 50,000 has been disbursed

logo 455 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Bijlesh

Kumar Singh

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

logoRetailpreneur

logo Lakhimpur, Uttar Pradesh

logo 50,000 has been disbursed

logo 455 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

41,666.32 is
the current outstanding balance

66.67 0 33.33 8334 4166 0

67%

33%

0%


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.

I wish to expand my business.

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.

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

4.80%

8.64% 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

0.00%

-0.00% 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

Retail store

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