Retailpreneur
Niwari, Madhya Pradesh
364 livelihood days
Retailpreneur
Niwari, Madhya Pradesh
364 potential days of livelihood
Krisnpal Singh is a passionate retailpreneur from Niwari, Madhya Pradesh. He has been running a provisional store for the last five years to support a family of four. He is now looking to expand his store by restocking his goods and renovating his store. He wishes to purchase new shelves and redesign his store so that he can add in new products. Krisnpal believes that this will help him reach out to more customers and help him increase his income. Support Krisnpal today.
Krisnpal is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Krisnpal will potentially obtain employment for 364 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.
Investee
pays
8.00% flat p.a.
14.40% APR
Social
Investor
3.20%
5.76% APR
Impact
Partner
up to 3.20%
5.76% APR
Platform
charges
1.60%
2.88% APR
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 30,000
Loan
tenure
12 months
Moratorium
None
Repayment
mode
EMI
Investee
occupation
Retail store
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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