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Dharmendra

logoRetailpreneur

logo Jhansi, Uttar Pradesh

logo 35,000 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

Dharmendra

#Hardworking#hustler
Dharmendra needs a loan to restock his general store.

logoRetailpreneur

logo Jhansi, Uttar Pradesh

logo 35,000 has been disbursed

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

14,329.24 is
the current outstanding balance

100 0 0 20671 0 0

100%

0%

0%


Dharmendra owns a retail store in the city of Jhansi. In order to sustain a healthy business, he needs to keep his shelves continuously stocked. In the time that he has been in business, he has learned to manage his finances carefully, which includes saving some funds to restock when needed. This loan will help Dharmendra replace items that have sold out so that he may maintain an efficient amount of stock.

I wish to provide better for my family.

About Dharmendra 's livelihood

Dharmendra is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Dharmendra 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

35,000

Loan
tenure

12 months

Moratorium

None

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.

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.

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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0