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Kailash

Kushwaha

Retailpreneur

Niwari, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Kailash

Kushwaha

#resilient#ambitious
Support Kailash to expand his footwear business.

Retailpreneur

Madhya Pradesh

364 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Kailash

Kailash is from Niwari, Madhya Pradesh, and has been running a footwear business for over the past year. Being the sole breadwinner of his family of five, he works hard day and night to make a living. His business has been dull due to the pandemic and the customer base also reduced. Currently, he requires some credit for purchasing new stocks and expanding his business to attract more customers. This will bring in more income for him and his family. Support Kailash now as he wishes to lead a quality life!

About Kailash Kushwaha's livelihood

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

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS