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Jitendra

Sutrkar

Creative Entrepreneur

Tikamgarh, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Jitendra

Sutrkar

#ambitious#passionate
Support Jitendra to purchase a sewing machine and essential items for his tailoring shop.

Creative Entrepreneur

Madhya Pradesh

364 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Jitendra

Jitendra is a tailoring entrepreneur who has been working in the field for the past four years. Jitendra is an experienced, capable tailor who already has his shop in Niwari. With this loan, Jitendra will be able to purchase a new sewing machine and other essential items to expand his own business. He will also be able to continue his hard work; he hopes to save enough to buy a house. Have your share in supporting Jitendra develop himself and improve his living standards by contributing towards his mission of becoming a self-sufficient person.

About Jitendra Sutrkar's livelihood

Jitendra is a creative entrepreneur 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 Sutrkar 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

Embroidery

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