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Jitendra

Khateek

logoAgripreneur

logo Niwari, Madhya Pradesh

logo 50,000 has been disbursed

logo 312 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Jitendra

Khateek

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

logoAgripreneur

logo Niwari, Madhya Pradesh

logo 50,000 has been disbursed

logo 312 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

37,501.58 is
the current outstanding balance

99.99 0 0 12498 0 0

100%

0%

0%


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!

I wish to expand my enterprise and become a successful entrepreneur.

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.

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

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Meat 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.

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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0