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Manoj

Chaube

Food Entrepreneur

Jhansi, Uttar Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4 Borrower Image 5

Manoj

Chaube

#breadwinner#hardworking
Manoj Chube requires a loan to grow his flour mill.

Food Entrepreneur

Uttar Pradesh

364 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Manoj

Invest in Manoj Chaube to learn the value of hard work. He is a real example of courage and determination. Despite many difficulties, Manoj never gave up. Manoj Chaube is a flour mill owner from Ajarola, Jhansi. He started his own flour mill, and today he has been able to come up with a vast variety of products that are basket of high-quality wheat. Manoj's business is doing well and he has provided a good income for his family. He wishes to grow his business further by availing a loan. This will help him purchase additional machinery and raw materials for the store. Support Manoj today.

About Manoj Chaube's livelihood

Manoj is a food entrepreneur who works 8 hours a day for 7 days a week. With this loan Manoj 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. Manoj Chaube 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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Food store

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

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