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Mahendra

Kushwaha

logoService Entrepreneur

logo Tikamgarh, Madhya Pradesh

logo 50,000 has been disbursed

logo 312 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Mahendra

Kushwaha

#breadwinner#hardworking
Mahendra needs a laptop and printer for his shop.

logoService Entrepreneur

logo Tikamgarh, Madhya Pradesh

logo 50,000 has been disbursed

logo 312 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

45,833.33 is
the current outstanding balance

100 0 0 4167 0 0

100%

0%

0%


Mahendra Kushwaha is a hard-working and diligent person who runs a professional service center in Tikamgarh and earns an income by providing various online services to people. He has an eye for detail and makes sure all his customers are satisfied with the outcome. He is looking to expand his business by adding one more laptop to his shop. He is also looking to buy a printer so he can print the documents as and when required. Invest in and support Mahendra as he expands his business and diversifies his services.

I wish to enjoy a secure future with my family.

About Mahendra Kushwaha's livelihood

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

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

Investee
pays The rate of interest charged to the investee

8.00% flat p.a.

14.40% APR

Social
Investor The rate of return an investor makes

4.80%

8.64% APR

Impact
Partner The rate of return an impact partner makes

up to 3.20%

5.76% APR

Platform
charges The charges, the platform incurs by offering it's services

0.00%

-0.00% APR

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 Equated Monthly Instalment

Investee
occupation

Others

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

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