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Mukesh

Vishwakarma

logoService Entrepreneur

logo Niwari, Madhya Pradesh

logo 30,000 has been disbursed

logo 364 livelihood days i

b-img b-img b-img

Mukesh

Vishwakarma

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Support Mukesh to repair his auto rickshaw.

logoService Entrepreneur

logo Niwari, Madhya Pradesh

logo 30,000 has been disbursed

logo 364 potential days of livelihood i

27,498.29 is
the current outstanding balance

100 0 0 2502 0 0

100%

0%

0%


Mukesh Vishwakarma is an auto-rickshaw driver who has been running his own business regularly for the past five years in the district of Niwari. He works very hard to make sure he can raise a good income and is able to support himself and his family. Over the past few months, his auto rickshaw has been having problems and is in dire need of repair. This auto rickshaw is critical to Mukesh's business and in order to fix it, he'll require a loan. With the repairs on his auto rickshaw completed, Mukesh can run it well and increase his income and support his family by working harder than ever before. Invest in Mukesh's auto rickshaw so that he can walk towards a more prosperous future.

I wish to buy more auto rickshaws and hire help.

About Mukesh Vishwakarma's livelihood

Mukesh is a service entrepreneur 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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Transport services

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

No credit history available

 

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