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Mohan

Lal

Retailpreneur

Niwari, Madhya Pradesh

318 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Mohan

Lal

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

Retailpreneur

Madhya Pradesh

318 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Mohan

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!

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.

Interest Rate

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

Retail store

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