₹ 37,494.24 is
the current outstanding balance
25%
0%
0%
75%
Deepak Rajpoot is a successful businessman who owns a retail store in Jhansi. He has been involved in this business for the past 6 years. Deepak owns and runs a retail store in Jhansi. Because of the low margins in his business, Deepak has to manage the expenses and ensure that his retail business remains profitable. This year he is looking to grow his business further. He is looking to raise a loan to buy more stock and expand his retail inventory. Invest in Deepak today!
Deepak is a retailpreneur who works 10 hours a day for 7 days a week. With this loan Deepak will potentially obtain employment for 455 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Deepak Rajpoot 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
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
Retail store
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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