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Mohan

Kushwaha

Service Entrepreneur

Tikamgarh, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Mohan

Kushwaha

#Hardworking# Ambitious
Invest in Mohan's community centre.

Service Entrepreneur

Madhya Pradesh

364 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Mohan

Mohan is a respected man who plays a key role in his community. He is dedicated to his family and has a love for local news and literature. Mohan's business enables him to share his extensive knowledge with the residents of Tikamgarh. He has a community info desk in the local marketplace and continue to offer his advice to all who approach his stand. He will use this loan to purchase laminating equipment, a laptop and a printer. The loan will be used to operate this business and expand the knowledge of local residents.

About Mohan Kushwaha's livelihood

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

Professional services

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