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Mukesh

.

logoRetailpreneur

logo Jhansi, Uttar Pradesh

logo 364 livelihood days i

b-img b-img b-img

Mukesh

.

#hardworking#ambitious
Support Mukesh to purchase cloth materials for his apparel store.

logoRetailpreneur

logo Jhansi, Uttar Pradesh

logo 364 potential days of livelihood i

25,000 loan is fully repaid

25,000 loan is fully repaid


Mukesh is a resident of Jhansi who also runs an apparel shop there. He wants to grow his business by purchasing more stock and add more variety to his shop, but he doesn't have the capital to do so. With this loan, Mukesh will be able to purchase additional stock, and grow his business into other divisions and improve his income even further. Invest in Mukesh and contribute to the growth of his apparel business.

I wish to become a successful entrepreneur and expand my business.

About Mukesh . 's livelihood

Mukesh is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Mukesh will potentially obtain employment for 364 days.

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

Investee
pays i

8.00% flat p.a.

14.40% APR

Social
Investor i

3.20%

5.76% APR

Impact
Partner i

up to 3.20%

5.76% APR

Platform
charges i

1.60%

2.88% APR

The following section provides a detailed view of the investee loan requirement.

Loan
amount

25,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Retail store

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit bureau score i

 

B

Rang De confidence score

 i


B

Partner Rating i

B

Loan Profile i

A

Financial Profile i

A

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