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Devashish

Kumar

Retailpreneur

Ramgarh, Jharkhand

546 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Devashish

Kumar

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

Retailpreneur

Jharkhand

546 potential days of livelihood

1,00,000 loan is fully repaid

1,00,000 loan is fully repaid


About Devashish

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!

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.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Devashish Kumar has consented to pay the interest as below:

Investee
pays

6.00% flat p.a.

10.80% APR

Social
Investor

6.00%

10.80% APR

Platform
charges

0.00%

0.00% APR

Loan Details

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

Investee
occupation

Retail store

Investee Credit Rating:
Excellent

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

Transform Rural India Foundation
   
Partner logo

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.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS