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Gokul Prasad

Kushwaha

Retailpreneur

Niwari, Madhya Pradesh

455 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Gokul Prasad

Kushwaha

#strong#ambitious
Invest in Gokul to stock up and renovate his retail store.

Retailpreneur

Madhya Pradesh

455 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Gokul Prasad

Gokul is a hard-working man who runs a retail store in the village. He lives with his family of six and is determined to provide them with all his love and care. He has served the community for the last ten years and knows well the needs of the growing business, he is currently seeking funds to show others what he knows. He will purchase supplies for his retail shop and renovate his store. He will be able to increase his customer base and earn better. With this loan, you can be a part of supporting Gokul's initiative towards improving his business.

About Gokul Prasad Kushwaha's livelihood

Gokul Prasad is a retailpreneur who works 10 hours a day for 7 days a week. With this loan Gokul Prasad will potentially obtain employment for 455 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Gokul Prasad Kushwaha 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

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Retail store

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