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Brijesh Kumar

Vishwkarma

Service Entrepreneur

Niwari, Madhya Pradesh

455 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4

Brijesh Kumar

Vishwkarma

#Hardworking#Passionate
Brijesh needs a loan to upscale his service workshop.

Service Entrepreneur

Madhya Pradesh

455 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Brijesh Kumar

Brijesh belongs to a very small village in Niwari. He has been working as a local mechanic in his village since 5 years. He gradually developed the necessary know how to start his own workshop. With the savings in hand, he purchased some tools and started his work. His work was well recognized by the local people. Brijesh requires a loan of Rs 50000 to purchase new machines for his workshop. This will help him in doing his job more efficiently. Moreover, he will also be able to expand his business which will give him further financial stability.

About Brijesh Kumar Vishwkarma 's livelihood

Brijesh Kumar is a service entrepreneur who works 10 hours a day for 7 days a week. With this loan Brijesh Kumar 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. Brijesh Kumar Vishwkarma 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

Others

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