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Jayprakash

Ahirwar

logoRetailpreneur

logo Niwari, Madhya Pradesh

logo 50,000 has been disbursed

logo 318 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Jayprakash

Ahirwar

#dedicated#passionate
Invest in Jayprakash to purchase raw materials and stationary for his retail store.

logoRetailpreneur

logo Niwari, Madhya Pradesh

logo 50,000 has been disbursed

logo 318 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

24,999.98 is
the current outstanding balance

85.71 0 14.29 25000 4167 0

86%

14%

0%


Jayprakash is a man with five years of hard work experience in a local store buying raw materials, vegetables and groceries from farmers. He stocks them on his shelves and offers most of it to his customers. Jayprakash is in great need of this loan to purchase raw materials for his retail store so that he can stock them on his shelves and double his income, and thereby, his family's livelihood. Jayprakash loves to do this business because he has the opportunity to satisfy his customers and build a strong relationship with them. Support Jayprakash to run his business successfully!

I wish to open a big retail store in the city.

About Jayprakash Ahirwar's livelihood

Jayprakash is a retailpreneur who works 7 hours a day for 7 days a week. With this loan Jayprakash will potentially obtain employment for 318 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

Retail store

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