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Manish

Sain

Beautypreneur

Tikamgarh, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Manish

Sain

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Support Manish to get furniture and equipment for his salon.

Beautypreneur

Madhya Pradesh

364 potential days of livelihood

25,000 loan is fully repaid

25,000 loan is fully repaid


About Manish

Manish has a small salon in Tikamgarh. He is a very good, talented hairdresser and he watches the trends, keeps up with them and hence he has a following. Being the topmost professional, Manish aims to further sharpen his skill set to serve his clients better. This loan will enable him in acquiring the required furniture and equipment to perfect his salon. If Manish is able to grow his business and earn more income, he will be able to take care of his family's daily needs and improve their standard of living. Invest in this young man now!

About Manish Sain's livelihood

Manish is a beautypreneur who works 8 hours a day for 7 days a week. With this loan Manish will potentially obtain employment for 364 days.

Interest Rate

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

25,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Beauty parlour

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