false
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Ghanshyam

Luhar

logoService Entrepreneur

logo Tikamgarh, Madhya Pradesh

logo 50,000 has been disbursed

logo 312 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Ghanshyam

Luhar

#breadwinner#hardworking
Support Ghanshyam to purchase essential equipment and machines for his repair shop.

logoService Entrepreneur

logo Tikamgarh, Madhya Pradesh

logo 50,000 has been disbursed

logo 312 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

12,499.97 is
the current outstanding balance

100 0 0 37500 0 0

100%

0%

0%


Ghanshyam is a mechanic and owns a repair shop in Tikamgarh. He has been in this business for 10 years and has adequate knowledge and experience in providing services to many customers. However, he has not been able to invest in essential equipment and machines for his business because he is a humble person who does not wish to seek loans. Through this low-interest loan, he will be able to purchase the basic tools that he needs. This will help him to accelerate the repair services he provides. Invest in him now!

I wish to expand my repair works business.

About Ghanshyam Luhar's livelihood

Ghanshyam is a service entrepreneur who works 8 hours a day for 6 days a week. With this loan Ghanshyam 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.

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

50,000

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.

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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0