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Ghanshyam

Kori

Creative Entrepreneur

Tikamgarh, Madhya Pradesh

364 livelihood days

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Ghanshyam

Kori

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Support Ghanshyam to buy raw materials for his towel making business.

Creative Entrepreneur

Madhya Pradesh

364 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Ghanshyam

Ghanshyam is a resident of Tikamgarh, who has been working in this business for the past ten years. He works with a hand loom and makes towels from his home to earn an income for his family. Ghanshyam is a hard-worker who is dedicated to his work, and is also knowledgeable about products and their characteristics. Ghanshyam wants to purchase raw materials for his crafts so that he can add new range of products to his business. With the assistance of this loan, he can buy raw materials such as threads, cotton, iron goods, etc. through cooperatives and retail stores. This loan will support Ghanshyam to increase his income and support his dreams and aspirations of enhancing his family's living conditions. Invest in him now!

About Ghanshyam Kori's livelihood

Ghanshyam is a creative entrepreneur who works 8 hours a day for 7 days a week. With this loan Ghanshyam 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. Ghanshyam Kori 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

Handicrafts

Investee Credit Rating:
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