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Kamlesh Kumar

Vishvkarma

logoRetailpreneur

logo Jhansi, Uttar 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

Kamlesh Kumar

Vishvkarma

#provider#go-getter
Kamlesh needs to purchase materials for his retail store and decorate it.

logoRetailpreneur

logo Jhansi, Uttar 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

9,995.36 is
the current outstanding balance

100 0 0 20005 0 0

100%

0%

0%


Kamlesh is a businessman and owns a retail store in Jhansi city, Uttar Pradesh. He has been working in the retail business for almost two years now and is doing really well. He has a lot of passion and enthusiasm for his work. Kamlesh wants to expand his business and set up a bigger store in the future. He has seen a good response and business from his existing customers and wants to grab this opportunity by expanding his market and helping more people. However, to further his business he needs a loan. He will purchase more goods and products for his store and sell at a fair price to his customers. Through this, he will be able to meet his customers' needs. Invest in Kamlesh as he hopes for a better life!

I wish to become a successful entrepreneur.

About Kamlesh Kumar Vishvkarma's livelihood

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

Retail store

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