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Dilip

Kumar

Service Entrepreneur

Lakhimpur Kheri, Uttar Pradesh

455 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4

Dilip

Kumar

#Hard Worker
Dilip needs credit to purchase electronics equipment for his repair shop.

Service Entrepreneur

Uttar Pradesh

455 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Dilip

Dilip Kumar is a young man who has had to struggle with his livelihood. With the help of credit from his friend, his career of repairing electronic equipment has really taken off. He is able to repair and purchase electronic equipment from his home-based business. His electronic repair shop provides him income and saves him from having to live off handouts. Dilip enjoys his work tremendously. Dilip is a single-handedly supporting his family of 4 members. He has worked hard to earn the respect he enjoys in his community. Help Dilip expand his electronics repair shop.

About Dilip Kumar's livelihood

Dilip is a service entrepreneur who works 10 hours a day for 7 days a week. With this loan Dilip will potentially obtain employment for 455 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Dilip Kumar has consented to pay the interest as below:

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

4.80%

8.64% APR

Platform
charges

3.20%

5.76% 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

Repair works

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