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Laki

Pakhare

Service Entrepreneur

Tikamgarh, Madhya Pradesh

409 livelihood days

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

Laki

Pakhare

#positive#passionate
Invest in Laki Pakhare to renovate his mechanic shop.

Service Entrepreneur

Madhya Pradesh

409 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Laki

Laki Pakhare has been working as a mechanic for the past four years. He repairs the electrical wiring of all types of motors and generators, and some automobiles and is a very experienced worker. The electrical repair industry is quite popular, and he excels in this field. He is capable of repairing vehicles and generators, and his services have earned him a name for himself in his city. Laki enjoys doing electrical repair, and there's nothing else he would rather be doing. His work helps him support his family, and with the loan he will be able to renovate his current office. This expansion will bring him more customers and a better income. Invest in Laki now!

About Laki Pakhare's livelihood

Laki is a service entrepreneur who works 9 hours a day for 7 days a week. With this loan Laki will potentially obtain employment for 409 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Laki Pakhare 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

30,000

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