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false 0 0 WQlxAJaCVw

Mahendra

Jha

logoService Entrepreneur

logo Niwari, Madhya Pradesh

logo 20,000 has been disbursed

logo 364 livelihood days i

b-img b-img b-img

Mahendra

Jha

#hardworking# gogetter
Invest in Mahendra's repair shop and support him purchase new machinery.

logoService Entrepreneur

logo Niwari, Madhya Pradesh

logo 20,000 has been disbursed

logo 364 potential days of livelihood i

18,333.33 is
the current outstanding balance

100 0 0 1667 0 0

100%

0%

0%


Mahendra Jha is a repair shop owner in Niwari, Madhya Pradesh. For the past three years, he's been running this business to contribute to his family. The income that Mahendra generates from the shop takes a chunk out of his profits every week to provide for his family. He hopes to invest in a few new machines that'll provide him with a better income in the future. As a result, he's looking to avail a loan to purchase these machines that'll allow him to advance in his career. Invest in Mahendra Jha today!

I wish to become a successful entrepreneur.

About Mahendra Jha's livelihood

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

8.00% flat p.a.

14.40% APR

Social
Investor i

3.20%

5.76% APR

Impact
Partner i

up to 3.20%

5.76% APR

Platform
charges i

1.60%

2.88% APR

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

Loan
amount

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Repair works

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit bureau score i

No credit history available

 

Rang De confidence score

 i


B

Partner Rating i

B

Loan Profile i

A

Financial Profile i

A

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