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Deshraj

Prajapati

Creative Entrepreneur

Niwari, Madhya Pradesh

312 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Deshraj

Prajapati

#determined#ambitious
Deshraj requires credit to purchase essential items to his tailoring shop.

Creative Entrepreneur

Madhya Pradesh

312 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Deshraj

Deshraj has been in the tailoring business for a long time and has gained a lot of experience. He's a committed worker and has never disappointed his employers. For his consistent performance, he's often rewarded with extra money. Since childhood, he has been stitching clothes and earning a living. With the assistance of this loan, Deshraj plans to expand his business by purchasing a new machine and other essential items which will increase the embroidery workload and allow him to spend less time while at work. This will be a major milestone in his professional life. He will be able to earn a respectable livelihood. Invest in him now!

About Deshraj Prajapati's livelihood

Deshraj is a creative entrepreneur who works 8 hours a day for 6 days a week. With this loan Deshraj will potentially obtain employment for 312 days.

Interest Rate

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

Embroidery

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