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Makwana

Chandrakanthbhai

Service Entrepreneur

Ahmedabad, Gujarat

Borrower Image

Makwana

Chandrakanthbhai

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

Service Entrepreneur

Gujarat

20,000 loan is fully repaid

20,000 loan is fully repaid


About Makwana

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.

Interest Rate

The interest rate charged is split into returns for the social investor and charges incurred by the platform.

Investee
pays

0.00% flat p.a.

0.00% APR

Social
Investor

0.00%

0.00% APR

Platform
charges

0.00%

0.00% APR

Loan Details

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

Investee
occupation

Others

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

Referred by Ganesh V
Profile pic
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.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS