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Kamlesh Prasad

Kushwaha

Service Entrepreneur

Tikamgarh, Madhya Pradesh

455 livelihood days

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Kamlesh Prasad

Kushwaha

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Support Kamlesh to purchase new stocks to his footwear shop.

Service Entrepreneur

Madhya Pradesh

455 potential days of livelihood

1,00,000 loan is fully repaid

1,00,000 loan is fully repaid


About Kamlesh Prasad

Kamlesh is a hardworking man and has been running a footwear shop for many years. He has managed to achieve much success with his business. He sells all varieties of footwear and meets his customers' demands on time. Now, he needs to purchase new stocks and needs a loan from Rang De. The new stocks will be bought from wholesalers at a lower rate. He will also decorate his store to attract more customers. This loan will support Kamlesh and his family have a better future and will aid them in taking the right steps towards development. Become a part of Kamlesh's mission to contribute to the growth of his business by supporting him.

About Kamlesh Prasad Kushwaha's livelihood

Kamlesh Prasad is a service entrepreneur who works 10 hours a day for 7 days a week. With this loan Kamlesh Prasad will potentially obtain employment for 455 days.

Interest Rate

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

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

3.20%

5.76% APR

Platform
charges

4.80%

8.64% APR

Loan Details

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

Loan
amount

1,00,000

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

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