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Makwana Chandrakanthbhai

# dedicated#hustler
Chandrakanth needs working capital to keep his business afloat.

Service Entrepreneur

Ahmedabad, Gujarat

20,000 has been disbursed

13,333 is the current outstanding balance

40 30 30 6667 5000 5000

40%

30%

30%


Chandrakanth is a driven entrepreneur. He distributes GPS tracking kits for vehicles across various parts of Ahmedabad, Gujarat. To keep the business running he needs a working capital loan to purchase the essentials and pay for those who help him in installing these kits. Invest in Chandrakanth and help him sustain his business during these challenging times.

I wish to fulfill all the needs of my family.
The interest rate charged is split into returns for the social investor and charges incurred by the platform.

Investee
pays i

0.0% flat p.a.

0.0% APR

Social
Investor i

0.0%

0.0% APR

Platform
charges i

0.0%

0.0% APR

The following section provides a detailed view of the investee loan requirement.

Loan
amount

20,000

Loan
tenure

12 months

Moratorium

2 months

Repayment
mode

EMI i

Investee
occupation

Others

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit
bureau
score i

No credit history available

 

Rang De confidence score

 i


B


Loan
Profile i

A

Financial
Profile i

A

Referred by Ganesh V
About me

I am an MBA student of IIM Ahmedabad. I am also a coordinator of the COVID-19 relief program initiated by the professors, researchers and students of IIM. I was the Secretary of the NGO Inspire which is a Non-Profit organization, that works to aid education and holistic development of over 450 children residing in shelter homes across Trivandrum.

Why I am referring Makwana Chandrakanthbhai

I have known Chandrakanth for quite a while now. He sells GPS equipment for vehicles in Ahmedabad, Gujarat. With the lockdown there has been a deficit in the sales of his equipment, and he has not been able to realise his ideal revenue this last quarter. I want to help him tide through these difficulties by lending to him. This will improve the prospects for his business and help him make due with expenditures until things get better.

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