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Dhirendra

Napit

Retailpreneur

Niwari, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Dhirendra

Napit

#go-getter#ambitious
Support Dhirendra to expand his hardware store.

Retailpreneur

Madhya Pradesh

364 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Dhirendra

Dhirendra Kumar Napit is a young entrepreneur from Niwari, Madhya Pradesh. He set up his hardware store only a year ago to support his family and contribute to the family's income. Within the last one year, Dhirendra has recognised the demand of the market and his capability to grow his business further. He is availing a loan to restock his store to meet the needs of all his customers. He will also use the loan to renovate his store. Invest in Dhirendra as he wins for his family.

About Dhirendra Napit's livelihood

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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Retail store

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