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Dinesh Kumar

Vishvakarma

Service Entrepreneur

Tikamgarh, Madhya Pradesh

364 livelihood days

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Dinesh Kumar

Vishvakarma

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Invest in Dinesh to buy a new repairing machine for his mobile repair shop.

Service Entrepreneur

Madhya Pradesh

364 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Dinesh Kumar

Dinesh is a resident of Tikamgarh and he has spent the last eight years of his life repairing mobile phones. He has learned the tricks of the trade well, and offers top-quality repairs for his customers. Dinesh does this work from his small repairing shop, and today he is working on increasing his reach to customers. This is where he will use this loan; he will buy a new repairing machine so that he can extend his services to a wider variety of customers. This will enable him to develop a wide clientele. Support this young man to grow!

About Dinesh Kumar Vishvakarma's livelihood

Dinesh Kumar is a service entrepreneur who works 8 hours a day for 7 days a week. With this loan Dinesh Kumar 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. Dinesh Kumar Vishvakarma 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

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