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Brajeshkumar

Sutrakar

Retailpreneur

Tikamgarh, Madhya Pradesh

546 livelihood days

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Brajeshkumar

Sutrakar

#Positive#Provider
Support Brajesh to purchase quality inputs and stock for his retail store.

Retailpreneur

Madhya Pradesh

546 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Brajeshkumar

Brajesh Kumar Sutrakar is the owner of a retail store in Tikamgarh and has been in the retail trade for the past 5 years. Brajesh's family comprises of 5 members including his wife, three children. Brajesh is a dependable and an honest individual, which has been the secret behind his success. Brajesh's dream is to invest in his children's higher education. He is looking to secure their future by giving them a good education, and ensure they get a well-paid job. For this purpose, Brajesh has applied for a loan. With the loan, he is aiming to purchase quality inputs and stock for his retail store. Invest in Brajesh as he improves the quality of his retail store, increases the size of his inventory, and invests in his children's education.

About Brajeshkumar Sutrakar's livelihood

Brajeshkumar is a retailpreneur who works 12 hours a day for 7 days a week. With this loan Brajeshkumar will potentially obtain employment for 546 days.

Interest Rate

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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Retail store

Investee Credit Rating:
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