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Mayank

Sharma

Service Entrepreneur

Jhansi, Uttar Pradesh

364 livelihood days

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Mayank

Sharma

#ambitious#gogetter
Mayank needs to purchase printer and lamination machine for his professional services center.

Service Entrepreneur

Uttar Pradesh

364 potential days of livelihood

40,000 loan is fully repaid

40,000 loan is fully repaid


About Mayank

Mayank Sharma lives in Jhansi and dedicates his time to several businesses. He owns a professional service center offering a wide variety of services but he can't focus on the variety of convenient services he offers because he lacks the equipment to help make his business more successful. Mayank will use this loan to purchase a printer and a lamination machine which will help him get more customers. With your help, Mayank will be able to establish his professional services center with the right tools to serve customers and gain as much profit as possible. Invest in him now!

About Mayank Sharma's livelihood

Mayank is a service entrepreneur who works 8 hours a day for 7 days a week. With this loan Mayank 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. Mayank Sharma 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

40,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Professional services

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