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Mohan

Ahirwar

Service Entrepreneur

Tikamgarh, Madhya Pradesh

312 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Mohan

Ahirwar

#breadwinner#hardworking
Support Mohan to purchase a printer and a laptop for his Xerox shop.

Service Entrepreneur

Madhya Pradesh

312 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Mohan

Mohan Ahirwar runs a Xerox shop for the past three years in Tikamgarh. He provides commercial printing services for offices and individuals and has gained profit from this business. However, he is not able to provide a solid income to his family because of his small shop and the lack of enough equipment. He is looking to take out a loan which will enable him to purchase one laptop and printer to set up his shop. Mohan believes that this will allow him to provide better services to his customers and will also add to his revenue. He has a dream of making his business bigger by purchasing a larger building for his shop and installing a computer for the customers to connect to. Support Mohan's dreams by investing in him!

About Mohan Ahirwar's livelihood

Mohan is a service entrepreneur who works 8 hours a day for 6 days a week. With this loan Mohan will potentially obtain employment for 312 days.

Interest Rate

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

20,000

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