false
false 0 0 EhlTldRMdf

Mahendra

Gupta

logoRetailpreneur

logo Niwari, Madhya Pradesh

logo 50,000 has been disbursed

logo 318 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Mahendra

Gupta

#resilient#hustler
Support Mahendra to purchase materials and renovate his furniture shop.

logoRetailpreneur

logo Niwari, Madhya Pradesh

logo 50,000 has been disbursed

logo 318 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

12,499.97 is
the current outstanding balance

90 0 10 37500 4167 0

90%

10%

0%


Mahendra Gupta resides in Niwari, a city located in the state of Madhya Pradesh. Mahendra is a hard-working man who has a passion for entrepreneurship; he opened his own furniture shop but was unable to expand due to a lack of proper funds. With the help of this loan, Mahendra will be able to purchase furniture and re-launch his business by making his store more attractive and providing his customers with a well-organized environment. Mahendra hopes to handle a larger volume of business in time, but for now, he just needs your help. Support Mahendra's mission of expanding his business and ultimately improving his quality of life.

I wish to give a good education to my children.

About Mahendra Gupta's livelihood

Mahendra is a retailpreneur who works 7 hours a day for 7 days a week. With this loan Mahendra will potentially obtain employment for 318 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

3.20%

5.76% 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

1.60%

2.88% 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

Apparel store

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