false
false 0 0 fAfw2CTJt1

Jairam

Kushwaha

logoRetailpreneur

logo Tikamgarh, Madhya Pradesh

logo 30,000 has been disbursed

logo 234 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Jairam

Kushwaha

#ambitious#positive
Support Jairam to purchase new stocks to his retail store.

logoRetailpreneur

logo Tikamgarh, Madhya Pradesh

logo 30,000 has been disbursed

logo 234 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

2,488.36 is
the current outstanding balance

100 0 0 27512 0 0

100%

0%

0%


Jairam is an exemplary small business owner who has endured considerable hardship in order to succeed. The only son in his family and the sole provider for his wife and children, he had to support many people in his family. Jairam began working with a grocery store owner and within a few years transformed the business. He began by packing orders for customers, soon graduating to more important tasks such as inventory management. Eventually, Jairam opened up his own store in a small room rented from a local store owner. Although the store is successful, it is still small and Jairam would like to purchase larger quantities of inventory and expand his business. He has plans to build a small structure that will enable him to provide a variety of grocery items. With your help, he will be able to purchase many new products to stock his store and keep it running smoothly.

I wish to give a good future for my children.

About Jairam Kushwaha's livelihood

Jairam is a retailpreneur who works 6 hours a day for 6 days a week. With this loan Jairam will potentially obtain employment for 234 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

30,000

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.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0