Pankaj is a hard working man who lives with his family of 3 in the district of Ramgarh in Madhya Pradesh. Pankaj is in the retail business of LPG for the past 4 years, during which, he has rapidly expanded his business. He is now looking to restock the gas stoves, pipes and chimney to aid in the growth of his business. He is looking to raise a loan to purchase these items to help expand his business further. Invest in Pankaj today!
Pankaj is a retailpreneur who works 12 hours a day for 7 days a week. With this loan Pankaj will potentially obtain employment for 546 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Pankaj Kumar has consented to pay the interest as below:
Investee
pays
6.00% flat p.a.
10.80% APR
Social
Investor
6.00%
10.80% APR
Platform
charges
0.00%
0.00% APR
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 50,000
Loan
tenure
12 months
Moratorium
None
Repayment
mode
EMI
Investee
occupation
Retail store
Established in
2016
With Rang De from
2022
Founded by
Anish Kumar, Anirban Ghose
TRIF aims to bring about a paradigm change in the lives of disadvantaged communities in rural India, more specifically the poorest 100,000 villages and enable the rural communities to achieve their full potential by ensuring they have equal access to the opportunities available to everyone else.
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