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Mohd Tabid

Raja

Domestic Worker

Tikamgarh, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Mohd Tabid

Raja

#positive#determined
Support Mohd Tabid to get equipment and furniture for his RO water plant.

Domestic Worker

Madhya Pradesh

364 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Mohd Tabid

Mohd Tabid has been running fast and hard, working to provide for his family in whatever way he can. Mohd is a resident of Niwari, a hard-working domestic worker, who takes care of five members of his family. The income that he makes as a domestic worker is what keeps his family going. His biggest challenge is to purchase some new equipment and furniture that he needs to expand his RO Water Plant. Mohd Tabid's dream is to make this business his life's work and become self-reliant. With your assistance, Mohd Tabid will be able to buy all the equipment and furniture that he requires. Invest in him today!

About Mohd Tabid Raja's livelihood

Mohd Tabid is a domestic worker who works 8 hours a day for 7 days a week. With this loan Mohd Tabid 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. Mohd Tabid Raja 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

Domestic worker

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