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Mahesh

Kushwaha

logoFood Entrepreneur

logo Tikamgarh, Madhya Pradesh

logo 30,000 has been disbursed

logo 390 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img b-img

Mahesh

Kushwaha

#believer#strength
Invest in Mahesh as he wishes to expand his food stall to earn better.

logoFood Entrepreneur

logo Tikamgarh, Madhya Pradesh

logo 30,000 has been disbursed

logo 390 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

5,000 is
the current outstanding balance

100 0 0 25000 0 0

100%

0%

0%


Mahesh Kushwaha lives with his family of four in Tikamgarh, Madhya Pradesh. He has been running a food stall there for over six years. With the ill effects of the pandemic, Mahesh is struggling to bring his business back to life. He needs a small interest loan from Rang De to expand his food stall and work towards enhancing his income. Invest in Maheshas he aspires to lead a quality life!

I wish to build a big house for my family.

About Mahesh Kushwaha's livelihood

Mahesh is a food entrepreneur who works 12 hours a day for 5 days a week. With this loan Mahesh will potentially obtain employment for 390 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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Food stall

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.

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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0