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Neeraj Singh

Prajapati

Service Entrepreneur

Jhansi, Uttar Pradesh

455 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Neeraj Singh

Prajapati

#gogetter# dreamer
Neeraj Singh needs credit to expand his electronics business.

Service Entrepreneur

Uttar Pradesh

455 potential days of livelihood

25,000 loan is fully repaid

25,000 loan is fully repaid


About Neeraj Singh

Neeraj Singh Prajapati is a hardworking person who has been able to make a living through the repair works of mobile phones, radios and other electronic appliances in Jhansi. His business has allowed him to live a life of prosperity. Neeraj is proud of the fact that he has been able to secure a place to live and is able to take care of his family. But he still wants to expand his business further and become an entrepreneur. Being the enterprising man that he is, Neeraj Singh needs credit to expand his business. He will use the credit to purchase batteries for printers and inverters and an advanced mobile repair kit. Invest in in Neeraj Singh business ventures.

About Neeraj Singh Prajapati 's livelihood

Neeraj Singh is a service entrepreneur who works 10 hours a day for 7 days a week. With this loan Neeraj Singh will potentially obtain employment for 455 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Neeraj Singh Prajapati has consented to pay the interest as below:

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

4.80%

8.64% APR

Platform
charges

3.20%

5.76% APR

Loan Details

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

Investee
occupation

Repair works

Investee Credit Rating:
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