₹ 14,997 is
the current outstanding balance
70%
0%
0%
30%
Gaurav Khanna lives with his parents in the district of Ramgarh in Jharkhand. Gaurab has decided to open a hotel in his village. He plans to start with a small-scale business first, thus he is looking for a loan to procure the necessary equipment and materials required to curate the interiors of a wedding hall and restaurant. Gaurab's dream is to expand his business and open a chain of hotels throughout the country. Invest in Gaurav as the young entrepreneur starts his venture.
Gaurav is a service entrepreneur who works 8 hours a day for 6 days a week. With this loan Gaurav will potentially obtain employment for 312 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Gaurav Khanna has consented to pay the interest as below:
Investee
pays
6.00% flat p.a.
10.80% APR
Social
Investor
6.00%
10.80% APR
Platform
charges
0.00%
0.00% APR
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
Others
Established in
2016
With Rang De from
2022
Founded by
Anish Kumar, Anirban Ghose
TRIF aims to bring about a paradigm change in the lives of disadvantaged communities in rural India, more specifically the poorest 100,000 villages and enable the rural communities to achieve their full potential by ensuring they have equal access to the opportunities available to everyone else.
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