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Koushal

Kushwaha

Service Entrepreneur

Tikamgarh, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Koushal

Kushwaha

#Hardworking
Koushal Kushwaha plans to purchase grease dispenser and tyres.

Service Entrepreneur

Madhya Pradesh

364 potential days of livelihood

25,000 loan is fully repaid

25,000 loan is fully repaid


About Koushal

Koushal Kushwaha is a hard-working man with a talent for repairing mechanical equipment. These talents have been honed for the past 2 years, when Koushal Kushwaha worked as a mechanic for a local automobile repair shop. Now, he is running his own vehicle repair shop. Koushal Kushwaha is able to make decent money from his business, but he wishes to take it to the next level. Utilise a loan to buy grease dispensers and tyres for his customers to use. Invest in Koushal as he begins his business of greasing dispensers and tyres, and shows his customers his professionalism and competency in his trade.

About Koushal Kushwaha's livelihood

Koushal is a service entrepreneur who works 8 hours a day for 7 days a week. With this loan Koushal will potentially obtain employment for 364 days.

Interest Rate

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

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

4.80%

8.64% APR

Platform
charges

3.20%

5.76% APR

Loan Details

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

Loan
amount

25,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Repair works

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