false
false 0 0 c56bg6maCM

Jamana

Prasad

logoService Entrepreneur

logo Tikamgarh, Madhya Pradesh

logo 30,000 has been disbursed

logo 364 livelihood days i

b-img b-img b-img

Jamana

Prasad

#Hardworking#noble
Jamana wants to purchase bicycles & spare parts for his shop.

logoService Entrepreneur

logo Tikamgarh, Madhya Pradesh

logo 30,000 has been disbursed

logo 364 potential days of livelihood i

25,000 is
the current outstanding balance

100 0 0 5000 0 0

100%

0%

0%


Jamana Prasad is the head of a family of five members which includes his wife and four children who all live in abject poverty. He is a constant worker, who works hard to provide for his family. He makes a living from repairing bicycles and is a very efficient worker. He has been in the repair business for the past three years and is a very passionate individual. His business has grown to a point where he has an eye on purchasing additional bicycles as well as other equipment to repair these bicycles, and is seeking a loan to do so. Enable Jamana to purchase new bicycles and other tools by which he can upscale his business.

I wish to run a renowned repair store.

About Jamana Prasad's livelihood

Jamana is a service entrepreneur who works 8 hours a day for 7 days a week. With this loan Jamana 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 i

8.00% flat p.a.

14.40% APR

Social
Investor i

3.20%

5.76% APR

Impact
Partner i

up to 3.20%

5.76% APR

Platform
charges i

1.60%

2.88% APR

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 i

Investee
occupation

Repair works

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit bureau score i

No credit history available

 

Rang De confidence score

 i


B

Partner Rating i

B

Loan Profile i

A

Financial Profile i

B

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