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Manoj

Lakshkar

Retailpreneur

Niwari, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Manoj

Lakshkar

#strength#ambitious
Manoj needs a loan to buy raw material for his store.

Retailpreneur

Madhya Pradesh

364 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Manoj

Manoj is from a very small village near Agra, Uttar Pradesh, India. He owns a small general store. He is requesting this loan to buy materials for his store which is mainly selling soaps, bottles, utensils and other household things. He is a hardworking person who wants to make his store better to make his customers happy. With the profits, he will be able to make his store look great and provide higher quality items to his customers. Invest in his venture and enable him to become a successful retailer.

About Manoj Lakshkar's livelihood

Manoj is a retailpreneur 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 Lakshkar 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

Retail 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