false
false 0 0 yACK7JGYgD

Kailash

Kumar

Retailpreneur

Tikamgarh, Madhya Pradesh

455 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Kailash

Kumar

#ambitious#keen
Kailash Kumar needs loan to buy stocks and shelves for his shop.

Retailpreneur

Madhya Pradesh

455 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Kailash

Kailash kumar is an enterprising man who owns a small footwear shop and is a hardworking person. He lives with his family of four members and his wife in the district of Tikamgarh. It has been his lifelong dream to expand his business and make a name for himself. Although he makes just enough money to support his family, he aspires to make more income and wants to take his business to the next level. In order to expand his business, he needs to stock his store with the latest model footwear items available for his customers which will result in more business volume. To make Kailash's dream come true, invest in his venture.

About Kailash Kumar 's livelihood

Kailash is a retailpreneur who works 10 hours a day for 7 days a week. With this loan Kailash will potentially obtain employment for 455 days.

Interest Rate

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

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.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS