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Gopal

Retailpreneur

Jhansi, Uttar Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Gopal

#passionate#hustler
Invest in Gopal to expand his retail store.

Retailpreneur

Uttar Pradesh

364 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Gopal

Being a retailer, Gopal is quite ambitious. Having owned his retail store for eight years now, he wants to expand his business and is seeking the needed funds through Rang De. He provides basic necessities to the rural community. His merchandise includes grocery items, vegetables, and other household goods. He will use the loan to decorate his shop as well. Support him now so he can expand his business and lead a better life!

About Gopal 's livelihood

Gopal is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Gopal 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. Gopal 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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Retail store

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