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Brajendra

Sour

Retailpreneur

Niwari, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Brajendra

Sour

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Brajendra needs credit to restock his store.

Retailpreneur

Madhya Pradesh

364 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Brajendra

Brajendra is a hard-working and dedicated man who has repeatedly expanded his retail business to keep up with the growing demand. He started his first retail store four years ago and has successfully used the profits to provide his family with a secure future. He has recently opened a new shop in Niwari and is ready to restock it with a variety of goods. This loan will allow him to purchase a wide range of electronic goods, stationery, and other household items. His excellent character, diligence and business success have earned him a lot of good will and respect in the community. Invest in Brajendra today!

About Brajendra Sour's livelihood

Brajendra is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Brajendra will potentially obtain employment for 364 days.

Interest Rate

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

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