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Kalicharan

Kushwaha

Food Entrepreneur

Tikamgarh, Madhya Pradesh

364 livelihood days

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Kalicharan

Kushwaha

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Support Kalicharan to purchase a refrigerator, flour, and other essentials for his food stall.

Food Entrepreneur

Madhya Pradesh

364 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Kalicharan

Kalicharan is a hardworking and ambitious person who started his food stall five years ago. He is from Tikamgarh. His foods are received by the people in and around the city and Kalicharan has won a good name in this business. He sells hot tea and homemade sweets during the peak season. He's well-acquainted with the market and has built up a significant clientele. With a loan, he will invest in a refrigerator, flour for making sweets, and other essentials required to run his business. With an aim to increase his customers, he will be able to expand his business with this loan. Invest in Kalicharan'ss food stall now!

About Kalicharan Kushwaha's livelihood

Kalicharan is a food entrepreneur who works 8 hours a day for 7 days a week. With this loan Kalicharan 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. Kalicharan 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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Food stall

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