false
false 0 0 z2VQo1tddk

Chandrapal

logoService Entrepreneur

logo Jhansi, Uttar Pradesh

logo 40,000 has been disbursed

logo 364 livelihood days i

b-img b-img b-img

Chandrapal

#breadwinner#hardworking
Chandrapal needs credit to grow internet cafe.

logoService Entrepreneur

logo Jhansi, Uttar Pradesh

logo 40,000 has been disbursed

logo 364 potential days of livelihood i

23,186.23 is
the current outstanding balance

100 0 0 16814 0 0

100%

0%

0%


Chandrapal has a sound knowledge of computers and runs his own internet cafe in Jhansi. He has a lot of experience in this field, which has helped him develop a good business. But this does not mean that he does not face any problems, for every entrepreneur does. This loan will help him purchase more computers for his shop and the subsequent growth in his business will create more jobs for the people of the region. This loan will also help him repay the debts to his creditors, and this will strengthen his relationship with them. Invest towards the growth of Chandrapal's business.

My dream is to enjoy a secure future with my family.

About Chandrapal 's livelihood

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

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

Investee
pays i

8.00% flat p.a.

14.40% APR

Social
Investor i

3.20%

5.76% APR

Impact
Partner i

up to 3.20%

5.76% APR

Platform
charges i

1.60%

2.88% APR

The following section provides a detailed view of the investee loan requirement.

Loan
amount

40,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Professional services

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit bureau score i

No credit history available

 

Rang De confidence score

 i


B

Partner Rating i

B

Loan Profile i

A

Financial Profile i

A

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