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Kamelesh Kumar

Prajapti

Retailpreneur

Niwari, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Kamelesh Kumar

Prajapti

#resilient#ambitious
Invest in Kamelesh as he expands his retail store.

Retailpreneur

Madhya Pradesh

364 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Kamelesh Kumar

Kamelesh Kumar is an entrepreneur looking to expand his retail store. He sells snacks, groceries, cosmetic items, and other daily-use household items in his store. He has been able to save a decent amount of money over the last year by living frugally and working hard; this has helped him on his journey as an entrepreneur. He still lacks many things in his store so needs a loan to expand his business further. With a loan, he will be able to invest in more inventory and decorate his store as well. Support him now!

About Kamelesh Kumar Prajapti's livelihood

Kamelesh Kumar is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Kamelesh Kumar 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. Kamelesh Kumar Prajapti has consented to pay the interest as below:

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

4.80%

8.64% APR

Platform
charges

3.20%

5.76% APR

Loan Details

The following section provides a detailed view of the investee loan requirement.

Loan
amount

20,000

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