false
false 0 0 SsC4WT1Sb8

Mangal singh

Dohare

logoService Entrepreneur

logo Jhansi, Uttar Pradesh

logo 50,000 has been disbursed

logo 455 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Mangal singh

Dohare

#breadwinner#hardworking
Invest in Mangal to buy a computer and a printer for his internet cafe.

logoService Entrepreneur

logo Jhansi, Uttar Pradesh

logo 50,000 has been disbursed

logo 455 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

16,656.2 is
the current outstanding balance

100 0 0 33344 0 0

100%

0%

0%


Mangal Singh has been providing exceptional hosting services for the past four years. His customers recommend him to their friends and relatives, which helped him to grow his customer base rapidly. Now the demand for Mangal's services are on the rise which made him want to expand and upgrade his services by purchasing a computer, printing machine and other internet tools so that he can host his clients with greater speed. With the help of his new computer, he will be able to increase his customer base and deliver the services on time. Have your own share in supporting Mangal in serving his customers as well as helping to attract new ones by expanding his computer services!

I wish to expand my business and provide a variety of internet services to the customers.

About Mangal singh Dohare's livelihood

Mangal singh is a service entrepreneur who works 10 hours a day for 7 days a week. With this loan Mangal singh will potentially obtain employment for 455 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

Professional services

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