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Dharmendra

Service Entrepreneur

Jhansi, Uttar Pradesh

227 livelihood days

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Dharmendra

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Dharmendra needs credit to purchase equipment for his tent service.

Service Entrepreneur

Uttar Pradesh

227 potential days of livelihood

40,000 loan is fully repaid

40,000 loan is fully repaid


About Dharmendra

Dharmendra is a man of perseverance and hard work, who has been helping people out of the difficulties they face with their tents. This business of his is helping the people of Jhansi set up tents in their offices, homes, street corners, etc. He needs a loan to buy raw materials such as synthetic fabric and bamboo, which he sells to catering companies, schools, and others. This loan will also help him purchase equipment like rope and canvas, which he requires to deliver his services. This will help him earn an above-average income for meeting the needs of his family. Invest in Dharmendra to run his business successfully!

About Dharmendra 's livelihood

Dharmendra is a service entrepreneur who works 5 hours a day for 7 days a week. With this loan Dharmendra will potentially obtain employment for 227 days.

Interest Rate

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

40,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Professional services

Investee Credit Rating:
Very 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