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Dinesh Kumar

Sen

logoService Entrepreneur

logo Niwadi, Madhya Pradesh

logo 40,000 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

Dinesh Kumar

Sen

#hardworking#positive
Support Dinesh Kumar to purchase a cycle for his automobile repair shop.

logoService Entrepreneur

logo Niwadi, Madhya Pradesh

logo 40,000 has been disbursed

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

9,987.09 is
the current outstanding balance

100 0 0 30013 0 0

100%

0%

0%


Dinesh Kumar Sen is an automobile mechanic who has been doing repair works for almost five years with the little savings he had. His wife and his sons help him to earn business. He works hard to provide remunerative repair works to villagers and also gives cycles for rent. His dream is to purchase a few cycles to his shop to make business better. This loan will help him increase the number of his cycles at the shop and make a better income. Invest in Dinesh Kumar now!

I wish to become a successful entrepreneur.

About Dinesh Kumar Sen'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.

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

40,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Repair works

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.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0