false
false 0 0 kFnLCwb8qN

Kamlesh Kumar

Kori

logoService Entrepreneur

logo Tikamgarh, Madhya Pradesh

logo 50,000 has been disbursed

logo 364 livelihood days i

b-img b-img b-img

Kamlesh Kumar

Kori

#strong#courageous
Kamlesh needs a loan to upscale his electric repair shop.

logoService Entrepreneur

logo Tikamgarh, Madhya Pradesh

logo 50,000 has been disbursed

logo 364 potential days of livelihood i

33,107.22 is
the current outstanding balance

100 0 0 16893 0 0

100%

0%

0%


Kamlesh is a resident of Tikamgarh and has been in the business of repairing electrical items for thirteen years. He mainly repairs electrical items such as fans, lights, and bulbs. He also sells parts for electrical appliances. Kamlesh needs a loan to upscale his shop. This loan will help him purchase the necessary items and equipment required to repair electrical items. With the proper equipment, Kamlesh aims to expand his business and improve his financial status.

I want my shop to be the go-to place for repair works.

About Kamlesh Kumar Kori's livelihood

Kamlesh Kumar is a service entrepreneur 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 i

8.00% flat p.a.

14.40% APR

Social
Investor i

3.20%

5.76% APR

Impact
Partner i

up to 3.20%

5.76% APR

Platform
charges i

1.60%

2.88% APR

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

Loan
amount

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Repair works

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit bureau score i

 

A

Rang De confidence score

 i


B

Partner Rating i

B

Loan Profile i

A

Financial Profile i

A

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