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Hariram

Prajapati

logoService Entrepreneur

logo Niwari, Madhya Pradesh

logo 50,000 has been disbursed

logo 364 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Hariram

Prajapati

#hardworking# gogetter
Hariram needs credit to expand his gas cylinder business.

logoService Entrepreneur

logo Niwari, Madhya Pradesh

logo 50,000 has been disbursed

logo 364 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

33,344.44 is
the current outstanding balance

99.93 0 0.07 16656 11 0

100%

0%

0%


Haririam is a resident of Niwari, Madhya Pradesh and is survived by his wife and 2 children. He is a humble, self-made entrepreneur who has started his gas cylinder business now. Hariram is looking to expand his gas cylinder unit and is availing a loan for logistics. The funds will also be used for the advertisement of his business. By investing in Hariram, you can help contribute to the expansion of his business, while he provides better services to his customers, and provide a secure employment to his family.

I wish to become a successful entrepreneur.

About Hariram Prajapati's livelihood

Hariram is a service entrepreneur who works 8 hours a day for 7 days a week. With this loan Hariram will potentially obtain employment for 364 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

Professional services

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.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0