false
false 0 0 rLQ7QvKiUo

Mohan

Lal

logoRetailpreneur

logo Niwari, Madhya Pradesh

logo 50,000 has been disbursed

logo 318 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Mohan

Lal

#determined#hardworking
Support Mohan to purchase raw materials for his fruit stall.

logoRetailpreneur

logo Niwari, Madhya Pradesh

logo 50,000 has been disbursed

logo 318 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

24,999.98 is
the current outstanding balance

100 0 0 25000 0 0

100%

0%

0%


Mohan Lal is a promising start-up entrepreneur who is working hard to make his fruit stall one of the most successful business ventures in the city. Mohan is a man of vision who has strong determination and perseverance. Mohan's hard work isn't just limited to his own business, he looks out for the interests of his customers and staff members, who have been working with him for years. From his local community, Mohan has earned a reputation for reliability. This loan will help Mohan purchase the raw materials needed for his stall and other basic necessities for his family. As a result, the income generated from this business will be even more beneficial for the future of Mohan's family. Invest in him now!

I wish to become a successful entrepreneur.

About Mohan Lal's livelihood

Mohan is a retailpreneur who works 7 hours a day for 7 days a week. With this loan Mohan will potentially obtain employment for 318 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

50,000

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.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0