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Narendra Kumar

Kushwaha

Retailpreneur

Niwari, Madhya Pradesh

Loan Written Off

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Narendra Kumar

Kushwaha

#breadwinner#hardworking
Support Narendra Kumar to purchase essential items to his retail store and decorate it.

Retailpreneur

Madhya Pradesh

Loan Written Off

364 potential days of livelihood


About Narendra Kumar

Narendra Kumar is a hard-working and ambitious individual that has recently started his own business in the retail sector. He believes in endeavoring to reach a position of success, and he is well on his way to achieving it! Narendra's retail store sells essential household items and you can support him to get new stocks for his store. He will also use the money to decorate his store. Narendra is determined to make his retail store comparable to other popular stores in the region, and with your assistance, he'll surely achieve it! Invest in him now!

About Narendra Kumar Kushwaha's livelihood

Narendra Kumar is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Narendra Kumar 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. Narendra Kumar Kushwaha 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

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Retail store

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