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Mahendra

Kushwaha

Retailpreneur

Tikamgarh, Madhya Pradesh

312 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Mahendra

Kushwaha

#smart#ambitious
Invest in Mahendra to by a camera and printer for his electronics shop.

Retailpreneur

Madhya Pradesh

312 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Mahendra

Mahendra is a hard-working man. He has a private retail store of electronics items, particularly phones, audio devices, storage devices, etc. He has the desire and wishes to update his stock at his shop frequently. But he cannot buy new products due to the unavailability of enough funds. With the help of this loan from Rang De, Mahendra can update his stock with new products such as a camera and a printer. With this, he can expand his business and attract more customers to his shop. Invest in Mahendra to run his business successfully!

About Mahendra Kushwaha's livelihood

Mahendra is a retailpreneur who works 8 hours a day for 6 days a week. With this loan Mahendra will potentially obtain employment for 312 days.

Interest Rate

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

Retail store

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