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Narendra

Ahirwar

logoService Entrepreneur

logo Niwari, Madhya Pradesh

logo 30,000 has been disbursed

logo 364 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Narendra

Ahirwar

#provider#resilient
Invest in Narendra to purchase raw materials and decorative items to his repair shop.

logoService Entrepreneur

logo Niwari, Madhya Pradesh

logo 30,000 has been disbursed

logo 364 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

4,891.61 is
the current outstanding balance

100 0 0 25108 0 0

100%

0%

0%


Narendra is a resident of Niwari, a hard-working man, and an entrepreneur running his own repair shop. Narendra repairs and polishes instruments and machinery and delivers them to the customers on time. With the assistance of this loan, he will be able to purchase the raw materials required for this business. He will also be able to invest in decorative items for his store for making it beautiful. Having a good variety of products to offer will help him increase his revenue and benefit his future. Invest in Narendra today!

I wish to build a big house for my family.

About Narendra Ahirwar's livelihood

Narendra is a service entrepreneur who works 8 hours a day for 7 days a week. With this loan Narendra 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 The rate of interest charged to the investee

8.00% flat p.a.

14.40% APR

Social
Investor The rate of return an investor makes

3.20%

5.76% APR

Impact
Partner The rate of return an impact partner makes

up to 3.20%

5.76% APR

Platform
charges The charges, the platform incurs by offering it's services

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 Equated Monthly Instalment

Investee
occupation

Repair works

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

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.

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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0