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Devendra Kumar

Ahirwar

logoService Entrepreneur

logo Tikamgarh, Madhya Pradesh

logo 50,000 has been disbursed

logo 364 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Devendra Kumar

Ahirwar

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

logoService Entrepreneur

logo Tikamgarh, Madhya Pradesh

logo 50,000 has been disbursed

logo 364 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

20,654.04 is
the current outstanding balance

100 0 0 29346 0 0

100%

0%

0%


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.

I wish to become a successful entrepreneur.

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.

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

8.00% flat p.a.

14.40% APR

Social
Investor The rate of return an investor makes

3.20%

5.76% APR

Impact
Partner The rate of return an impact partner makes

up to 3.20%

5.76% APR

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

1.60%

2.88% 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 Equated Monthly Instalment

Investee
occupation

Professional services

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.

Indian Micro Enterprises Development Foundation
   view website

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.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0