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Gautam

Kumar

Service Entrepreneur

Bahraich, Uttar Pradesh

546 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4

Gautam

Kumar

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Support Gautam as he expands his stationary store by adding more items.

Service Entrepreneur

Uttar Pradesh

546 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Gautam

Gautam Kumar runs a stationery store in Bahraich, Uttar Pradesh; he is looking to expand his business by adding more items to his store. Gautam, who has been involved with the business for the past four years, is looking for a loan so that he can purchase more books, copies, bags, and stationery items required for the students in his area. Currently, Gautam's stationery store is one of the favorite places for children to buy their essential things. This loan will enable him to scale up his business and attract more customers to his store. Invest in Gautam today!

About Gautam Kumar's livelihood

Gautam is a service entrepreneur who works 12 hours a day for 7 days a week. With this loan Gautam will potentially obtain employment for 546 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

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

Others

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