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Heeralal

Kushwaha

Food Entrepreneur

Tikamgarh, Madhya Pradesh

312 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Heeralal

Kushwaha

#passionate#achiever
Invest in Heeralal to purchase a hand cart to run his food stall.

Food Entrepreneur

Madhya Pradesh

312 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Heeralal

Heeralal Kushwaha is a passionate, young man from Tikamgarh, Madhya Pradesh, and runs a small food stall on rent. This is the main source of income for his family of four. Independent working is not an easy endeavor for Heeralal and requires a lot of initiative. With the help of this loan, he intends to purchase a hand cart that will enable him to travel and sell his delicious foods. This will generate a steady income for him and his family. Invest in Heeralal to run his business successfully!

About Heeralal Kushwaha's livelihood

Heeralal is a food entrepreneur who works 8 hours a day for 6 days a week. With this loan Heeralal will potentially obtain employment for 312 days.

Interest Rate

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

Food stall

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