false
false 0 0 Qslbv4SBxG

Mithun Kumar

Sen

logoCreative Entrepreneur

logo Niwari, Madhya Pradesh

logo 20,000 has been disbursed

logo 234 livelihood days i

b-img b-img b-img

Mithun Kumar

Sen

#breadwinner#hardworking
Support Mithun to purchase cloth materials and essential items for his tailoring shop.

logoCreative Entrepreneur

logo Niwari, Madhya Pradesh

logo 20,000 has been disbursed

logo 234 potential days of livelihood i

8,259.51 is
the current outstanding balance

100 0 0 11740 0 0

100%

0%

0%


Mithun has been a tailor for years. Despite his impressive experience and expertise in this profession, he is unable to accumulate a comfortable surplus and as such, he is denied the dignity of improving his business. This is why Mithun is requesting a small loan to purchase cloth materials and other essential items required for tailoring. He also plans to decorate his shop. If Mithun is assisted with a loan, the business will be expanded to reach the outlying places of the village and this step would help him to move closer to the success he so desires. Invest in Mithun!

I wish to enjoy a secure future with my family.

About Mithun Kumar Sen's livelihood

Mithun Kumar is a creative entrepreneur who works 6 hours a day for 6 days a week. With this loan Mithun Kumar will potentially obtain employment for 234 days.

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays i

8.00% flat p.a.

14.40% APR

Social
Investor i

3.20%

5.76% APR

Impact
Partner i

up to 3.20%

5.76% APR

Platform
charges i

1.60%

2.88% APR

The following section provides a detailed view of the investee loan requirement.

Loan
amount

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Embroidery

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit bureau score i

No credit history available

 

Rang De confidence score

 i


B

Partner Rating i

B

Loan Profile i

A

Financial Profile i

A

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