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Gautam

Kumar

Retailpreneur

Bahraich, Uttar Pradesh

50,000 has been disbursed

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Gautam

Kumar

#breadwinner#hardworking
Support Gautam to purchase essential items for his shop.

Retailpreneur

Uttar Pradesh

50,000 has been disbursed

364 potential days of livelihood

12,872.84 is
the current outstanding balance

74.25 0 0 25.75 37127 0 0 12873

74%

0%

0%

26%


About Gautam

Gautam Kumar hails from Uttar Pradesh. He currently lives in the district of Bahraich with his wife and children. He has been in the retail business for the past 10 years and has continually struggled to keep his business afloat amid the challenges of rising living costs. Gautam's aim is to build a secure future for his family. He wishes to expand his retail business and therefore wishes to raise a loan to purchase essential items for his business. Gautam's main goal is to earn profits by expanding his retail business. Gautam manages a retail store, and he wishes to expand his operations to grow his business and become a more profitable store. He currently sells oil, spices, namkeen and other products. Support Gautam today!

About Gautam Kumar's livelihood

Gautam is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Gautam 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. Gautam 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

Retail store

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.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS