false
false 0 0 TEU3GmPLMA

Kapil

Kumar

logoService Entrepreneur

logo Pawal, Haryana

logo 50,000 has been disbursed

logo 409 livelihood days i

b-img b-img b-img

Kapil

Kumar

#hardworking#gogetter
Invest in Kapil to get raw materials for his leather repairing shop.

logoService Entrepreneur

logo Pawal, Haryana

logo 50,000 has been disbursed

logo 409 potential days of livelihood i

29,166.65 is
the current outstanding balance

100 0 0 20833 0 0

100%

0%

0%


Kapil is a leather repairer and is an expert in his work. He is a resident of Palwal, Haryana. He has three years of experience in working with leather and makes a good living doing his job. The earnings from this business are used to support his family and meet their daily needs. He makes leather products like bags, wallets, etc. He has decided to buy raw materials to expand his business and would like to earn more money. He will invest in decorating his shop as well. His work is appreciated by everyone. Help him grow his business and earn a solid income.

I wish to expand my business and hire employees.

About Kapil Kumar's livelihood

Kapil is a service entrepreneur who works 9 hours a day for 7 days a week. With this loan Kapil will potentially obtain employment for 409 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

 

C

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