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Kalicharan

Kushwaha

logoFood Entrepreneur

logo Tikamgarh, Madhya Pradesh

logo 30,000 has been disbursed

logo 364 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Kalicharan

Kushwaha

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

logoFood Entrepreneur

logo Tikamgarh, Madhya Pradesh

logo 30,000 has been disbursed

logo 364 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

14,993.04 is
the current outstanding balance

100 0 0 15007 0 0

100%

0%

0%


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!

I wish to start a big restaurant on my own and serve food at affordable rates.

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.

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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Food stall

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.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0