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Kamlesh

Service Entrepreneur

East Delhi, Delhi

351 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4

Kamlesh

#breadwinner#hardworking
Kamlesh needs credit to purchase push cart.

Service Entrepreneur

Delhi

351 potential days of livelihood

35,000 loan is fully repaid

35,000 loan is fully repaid


About Kamlesh

Kamlesh belongs to a marginalized group in society. With very little education, she has managed to make a living for herself and her family as a street vendor for the past 1year. Kamlesh wants to push a cart that way she can carry more items and sell to more people. With this new push cart, she will be able to work more efficiently, making more money and enjoying a secure future with her family. Invest in Kamlesh as she uses the push cart to increase her income and secure her future.

About Kamlesh 's livelihood

Kamlesh is a service entrepreneur who works 9 hours a day for 6 days a week. With this loan Kamlesh will potentially obtain employment for 351 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Kamlesh has consented to pay the interest as below:

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

8.00%

14.40% APR

Platform
charges

0.00%

0.00% APR

Loan Details

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

Loan
amount

35,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Others

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

Rethela Technology Pvt Ltd
   
Partner logo

Established in

2019

With Rang De from

2022

Founded by

Sunil Jha

Empowering women and street vendors with smart push, pedal and electric carts to provide fixed and variable income support. We also connect brands with these street vendors to help them grow their sales and market.With Rang De's credit intervention, ReThela will be able to scale up their efforts in including more street vendors, promoting their livelihoods by providing them fixed and variable income opportunities with training and development support for 12 months.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS