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Khemchandra

Pal

Service Entrepreneur

Niwari, Madhya Pradesh

455 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Khemchandra

Pal

#Hardworking
Khemchandra needs credit to expand his computer and internet service store.

Service Entrepreneur

Madhya Pradesh

455 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Khemchandra

Khemchandra Pal is a hard working and enterprising person who operates a computer services and accessories shop in Niwari town. Since last one year he has been active in the market and has earned a good reputation as a reliable service provider and has increased his customer base. Khemchandra Pal knows the importance of education and wants to enhance the standard of living of his family by providing all the basic amenities that they need. In the future he wants to expand his business through the opening of additional stores in other cities and towns. He is looking for a loan which he can use to buy more computer and internet related accessories which he can customize and offer to his customers. Support Khemchandra today!

About Khemchandra Pal's livelihood

Khemchandra is a service entrepreneur who works 10 hours a day for 7 days a week. With this loan Khemchandra 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. Khemchandra Pal 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

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Professional services

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