false
false 0 0 cpSAR5eHaT

Khemchandra

Pal

logoService Entrepreneur

logo Niwari, Madhya Pradesh

logo 50,000 has been disbursed

logo 455 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Khemchandra

Pal

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

logoService Entrepreneur

logo Niwari, Madhya Pradesh

logo 50,000 has been disbursed

logo 455 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

20,661.04 is
the current outstanding balance

100 0 0 29339 0 0

100%

0%

0%


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!

I wish to become a successful entrepreneur.

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.

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

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Professional services

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