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Mangal singh

Dohare

Service Entrepreneur

Jhansi, Uttar Pradesh

455 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Mangal singh

Dohare

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

Service Entrepreneur

Uttar Pradesh

455 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Mangal singh

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!

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.

Interest Rate

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

Professional services

Investee Credit Rating:
Very 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.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS