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Mahendra

Gupta

Retailpreneur

Niwari, Madhya Pradesh

50,000 has been disbursed

318 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Mahendra

Gupta

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

Retailpreneur

Madhya Pradesh

50,000 has been disbursed

318 potential days of livelihood

7,626.7 is
the current outstanding balance

84.75 0 0 15.25 42373 0 0 7627

85%

0%

0%

15%


About Mahendra

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.

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.

Interest Rate

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

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Apparel store

Investee Credit Rating:
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.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS