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Bipin

Gautam

Service Entrepreneur

Jhansi, Uttar Pradesh

227 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Bipin

Gautam

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Invest in Bipin to purchase a computer and a printer for his business.

Service Entrepreneur

Uttar Pradesh

227 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Bipin

Bipin Gautam is a young entrepreneur from Jhansi, Uttar Pradesh. He has been running a tent house and providing sound systems to the DJ parties for functions for over two years. With the ill-effects of the pandemic, Bipin's business slowed down and he is trying hard to bring it back to life. With the support of a low-interest loan, he will be able to expand his business by purchasing a computer for mixing of music and a printer too. This will enable him to take up more bookings and deliver better services to his customers. Invest in Bipin to run his business successfully!

About Bipin Gautam's livelihood

Bipin is a service entrepreneur who works 5 hours a day for 7 days a week. With this loan Bipin will potentially obtain employment for 227 days.

Interest Rate

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