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Hariram

Prajapati

Service Entrepreneur

Niwari, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Hariram

Prajapati

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

Service Entrepreneur

Madhya Pradesh

364 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Hariram

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.

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.

Interest Rate

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

Professional services

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