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Devendra Kumar

Ahirwar

Service Entrepreneur

Tikamgarh, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Devendra Kumar

Ahirwar

#gogetter# dreamer
Devendra Kumar wants to expand his internet service store.

Service Entrepreneur

Madhya Pradesh

364 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Devendra Kumar

Devendra Kumar has been running an internet service centre for the last seven years to support his family of five. He loves his job as he gets to support and help numerous people from his village everyday by filling up forms and other documentation at his store. He now wants to expand his store by purchasing an additional computer and printer. Over time, he also wishes to employ other individuals at his store and provide employment to his community. Support Devendra's dreams today.

About Devendra Kumar Ahirwar's livelihood

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

Interest Rate

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

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Professional services

Investee Credit Rating:
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