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Harprasad

Kushwaha

logoService Entrepreneur

logo Niwari, Madhya Pradesh

logo 50,000 has been disbursed

logo 455 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Harprasad

Kushwaha

#passionate#hustler
Support Harprasad to buy wheat and other raw materials for his flour mill.

logoService Entrepreneur

logo Niwari, Madhya Pradesh

logo 50,000 has been disbursed

logo 455 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

20,833.31 is
the current outstanding balance

100 0 0 29167 0 0

100%

0%

0%


Harprasad Kushwaha is a resident of Niwari, and he is actively involved in his family's flour milling business. When several challenges came his way, he worked closely with his family to find a solution. This loan will help him purchase wheat and other raw materials to produce flour and sell in the neighborhood and also in the market. The additional income produced will help meet his family's daily needs and improve their quality of life. Invest in Harprasad today!

I wish to enjoy a secure future with my family.

About Harprasad Kushwaha's livelihood

Harprasad is a service entrepreneur who works 10 hours a day for 7 days a week. With this loan Harprasad 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 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

Others

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.

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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0