false
false 0 0 cUP6vyLaqk

Golu

.

logoCreative Entrepreneur

logo Jhansi, Uttar Pradesh

logo 50,000 has been disbursed

logo 455 livelihood days i

b-img b-img b-img

Golu

.

#Hardworking
Support Golu as he needs raw materials for making decorative items.

logoCreative Entrepreneur

logo Jhansi, Uttar Pradesh

logo 50,000 has been disbursed

logo 455 potential days of livelihood i

45,824.16 is
the current outstanding balance

100 0 0 4176 0 0

100%

0%

0%


Golu is a craftsman who lives in the region of Jhansi. He has been involved in the craft for the past 10 years, and has been quite successful in his work with orders coming in from a couple of vendors. Golu wishes to expand his business further; however, he finds that raw materials are expensive and finances are often insufficient. A business loan will provide the financial support he needs to purchase the raw materials. Golu is looking to raise a loan to purchase raw material so that he can begin to build up his own shop. The loan will enable him to purchase raw material including paper, glue and paint so that he can continue with his craft. Invest in Golu's business!

Expand the enterprise

About Golu . 's livelihood

Golu is a creative entrepreneur who works 10 hours a day for 7 days a week. With this loan Golu will potentially obtain employment for 455 days.

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

Investee
pays i

8.00% flat p.a.

14.40% APR

Social
Investor i

3.20%

5.76% APR

Impact
Partner i

up to 3.20%

5.76% APR

Platform
charges i

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 i

Investee
occupation

Handicrafts

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit bureau score i

No credit history available

 

Rang De confidence score

 i


B

Partner Rating i

B

Loan Profile i

A

Financial Profile i

A

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.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0