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Mukesh Kumar

Vishwkarma

Service Entrepreneur

Niwari, Madhya Pradesh

227 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Mukesh Kumar

Vishwkarma

#positive#passionate
Support Mukesh to purchase mobile equipment for his repair shop.

Service Entrepreneur

Madhya Pradesh

227 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Mukesh Kumar

Mukesh works as a repairman in Niwari where he lives with his family. He is capable of repairing any broken machinery or equipment at the cheapest rate available. He repairs mobiles also at an affordable price. People from neighboring villages visit him for his repair services. With this loan, he will purchase mobile repair equipment to take his business to greater heights. This loan will help Mukesh to increase his customer base and serve his local community. Invest in Mukesh to expand his business and earn better!

About Mukesh Kumar Vishwkarma's livelihood

Mukesh Kumar is a service entrepreneur who works 5 hours a day for 7 days a week. With this loan Mukesh Kumar will potentially obtain employment for 227 days.

Interest Rate

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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Repair works

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