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Jitendra

Khateek

Agripreneur

Niwari, Madhya Pradesh

312 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Jitendra

Khateek

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Jitendra is keen to expand his meat store and purchase goat kids.

Agripreneur

Madhya Pradesh

312 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Jitendra

Jitendra Khateek is a hard-working man who has been running a meat store for the last five years. Despite the income he makes, he wishes to enhance his income further to lead a comfortable life with his family. He dreams of expanding his business by making the right investment in his enterprise. He is currently looking for a loan to purchase goat kids, and additionally expand his meat store. This way, he can make the meat available all the time in his store and this will bring in more customers. Support Jitendra financially!

About Jitendra Khateek 's livelihood

Jitendra is an agripreneur who works 8 hours a day for 6 days a week. With this loan Jitendra will potentially obtain employment for 312 days.

Interest Rate

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

Meat 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