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Manoj Kumar

Kori

logoRetailpreneur

logo Tikamgarh, Madhya Pradesh

logo 30,000 has been disbursed

logo 312 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Manoj Kumar

Kori

#believer#resilient
Support Manoj to purchase new clothes to his apparel store.

logoRetailpreneur

logo Tikamgarh, Madhya Pradesh

logo 30,000 has been disbursed

logo 312 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

7,499.64 is
the current outstanding balance

100 0 0 22500 0 0

100%

0%

0%


Manoj is a resident of Tikamgarh, a hard-working man with great ambition. For the past eight years, he has been running an apparel store to support his family. With the help of this loan, he will purchase new clothes to stock in his apparel store. This will attract more customers and he will be able to make more income. When his business grows, he will be able to share his success with his family. Invest in Manoj's apparel store now!

I wish to enjoy a secure future with my family.

About Manoj Kumar Kori's livelihood

Manoj Kumar is a retailpreneur who works 8 hours a day for 6 days a week. With this loan Manoj Kumar will potentially obtain employment for 312 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

30,000

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.

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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0