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Ganesh Prasad

Kushwaha

logoFood Entrepreneur

logo Niwari, Madhya Pradesh

logo 30,000 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

Ganesh Prasad

Kushwaha

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Invest in Ganesh to run his food stall successfully.

logoFood Entrepreneur

logo Niwari, Madhya Pradesh

logo 30,000 has been disbursed

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

22,392 is
the current outstanding balance

100 0 0 7608 0 0

100%

0%

0%


Ganesh Prasad is a young, passionate man who lives with his family of three in Niwari in Madhya Pradesh. He owns a food stall and this has been his sole occupation for the last seven years. He has been running his business profitably and strives to expand his business further. He's looking for a loan to expand his food stall and purchase a fridge to preserve food for a longer time. Support Ganesh as he dreams of running his business successfully and starting new ventures in the future.

I wish to open a big restaurant.

About Ganesh Prasad Kushwaha's livelihood

Ganesh Prasad is a food entrepreneur who works 8 hours a day for 7 days a week. With this loan Ganesh Prasad 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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Food stall

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