false
false 0 0 fHPjmq56pL

Devashish

Kumar

logoRetailpreneur

logo Ramgarh, Jharkhand

logo 1,00,000 has been disbursed

logo 546 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Devashish

Kumar

#dedicated#determined
Devashish is keen to add more stocks to his medical store.

logoRetailpreneur

logo Ramgarh, Jharkhand

logo 1,00,000 has been disbursed

logo 546 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

82,798.76 is
the current outstanding balance

100 0 0 17201 0 0

100%

0%

0%


Devashish Kumar is actively pursuing his dreams to build a more profitable and sustainable future. He has been running his own medical store for the past four years in the district of Ramgarh, Jharkhand. However, even as he continues to grow his business, his store consists mostly of minimal stocks. He is eager to expand his business by adding more stocks to increase footfall, and thus increase the profits in his medical store. He is looking for a loan to buy more medicines and drugs to meet his customers' demands. He will also be able to attract more customers to his store. Support this young businessman now!

I wish to open more branches of my medical store across the state.

About Devashish Kumar's livelihood

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

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

Investee
pays The rate of interest charged to the investee

6.00% flat p.a.

10.80% APR

Social
Investor The rate of return an investor makes

6.00%

10.80% APR

Impact
Partner The rate of return an impact partner makes

up to 0.00%

0.00% APR

Platform
charges The charges, the platform incurs by offering it's services

0.00%

0.00% APR

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

Loan
amount

1,00,000

Loan
tenure

18 months

Moratorium

2 months

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Retail store

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

Transform Rural India Foundation
   

Established in

2016

With Rang De from

2022

Founded by

Anish Kumar, Anirban Ghose

TRIF aims to bring about a paradigm change in the lives of disadvantaged communities in rural India, more specifically the poorest 100,000 villages and enable the rural communities to achieve their full potential by ensuring they have equal access to the opportunities available to everyone else.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0