false
false 0 0 ezugcdgqTu

Manoj Kumar

Shrivastav

logoRetailpreneur

logo Tikamgarh, Madhya Pradesh

logo 50,000 has been disbursed

logo 364 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Manoj Kumar

Shrivastav

#Hardworking#noble
Manoj Kumar needs loan to buy raw materials for his optical shop.

logoRetailpreneur

logo Tikamgarh, Madhya Pradesh

logo 50,000 has been disbursed

logo 364 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

29,162.35 is
the current outstanding balance

100 0 0 20838 0 0

100%

0%

0%


Manoj Kumar Shrivastav is a resident of and an entrepreneur from the town of Tikamgarh. He runs an optical store and has been involved in the business for the past seven years. With the income he makes from his optical store, Manoj Kumar Shrivastav is able to meet all his family's financial needs. However, he wishes to expand his business and is looking to raise a loan to buy glasses and accessories for his optical shop. In order to attract more customers, he also wants to keep the latest model frames and accessories. Invest in Manoj Kumar Shrivastav who's looking to expand his optical store.

I want to own a successful business.

About Manoj Kumar Shrivastav 's livelihood

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

Retail store

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