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Jitendra

Dhruvkar

Retailpreneur

Niwari, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4

Jitendra

Dhruvkar

#achiever#growth
Invest in Jitendra to purchase goods to his retail store and expand it.

Retailpreneur

Madhya Pradesh

364 potential days of livelihood

1,00,000 loan is fully repaid

1,00,000 loan is fully repaid


About Jitendra

Jitendra, a resident of Niwari, is a kind-hearted person with a desire to help his family and other members by investing in his retail shop, which is about to double its customers this year. With this loan, Jitendra will procure better goods for his shop and expand its business. He plans to bring a lot of marketable consumer goods for his shop. This will help him increase his customer base and enjoy a better income. Invest in Jitendra's retail store now!

About Jitendra Dhruvkar's livelihood

Jitendra is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Jitendra 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. Jitendra Dhruvkar 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

1,00,000

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