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Lakhanlal

Jha

Service Entrepreneur

Niwadi, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4

Lakhanlal

Jha

#hardworking#dedicated
Support Lakhanlal to purchase essential items for his repair works.

Service Entrepreneur

Madhya Pradesh

364 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Lakhanlal

Lakhanlal Jha hails from Niwadi, Madhya Pradesh. He has been taking up repair work for several years now, and his work is spread across villages in the vicinity. His clients are very happy with his work and they often refer him to their friends and family. With the help of this loan, Lakhanlal Jha will be able to stock up on the essential items needed for his repair works and provide better quality services to his clients, further increasing his customer base. Invest in Lakhanlal to earn better!

About Lakhanlal Jha's livelihood

Lakhanlal is a service entrepreneur who works 8 hours a day for 7 days a week. With this loan Lakhanlal 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. Lakhanlal Jha 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

Impact
Partner

up to 3.20%

5.76% APR

Platform
charges

1.60%

2.88% 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

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