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Jeetesh

Rai

Service Entrepreneur

Tikamgarh, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Jeetesh

Rai

#determined#ambitious
Invest in Jeetesh to purchase materials to run his professional service business successfully.

Service Entrepreneur

Madhya Pradesh

364 potential days of livelihood

25,000 loan is fully repaid

25,000 loan is fully repaid


About Jeetesh

Jeetesh is a local entrepreneur in Tikamgarh. Having started his professional services center just two years ago, Jeetesh is in need of a loan to drive his business forward. He will purchase essential equipment and materials for his shop that will help him serve his customers efficiently. With more time in his hands, Jeetesh can better serve his customers, thereby promoting his professional services center's reputation. He also plans to decorate his shop to make it attractive. Invest in Jeetesh today!

About Jeetesh Rai's livelihood

Jeetesh is a service entrepreneur who works 8 hours a day for 7 days a week. With this loan Jeetesh will potentially obtain employment for 364 days.

Interest Rate

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

25,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Others

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