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Jayprakash

Ahirwar

Retailpreneur

Tikamgarh, Madhya Pradesh

318 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Jayprakash

Ahirwar

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

Retailpreneur

Madhya Pradesh

318 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Jayprakash

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!

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.

Interest Rate

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

Retail store

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