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Pankaj

Kusawah

Service Entrepreneur

Tikamgarh, Madhya Pradesh

312 livelihood days

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Pankaj

Kusawah

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Pankaj wishes to purchase musical instruments.

Service Entrepreneur

Madhya Pradesh

312 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Pankaj

Pankaj has been a young entrepreneur from Tikamgarh, Madhya Pradesh. He has been running a musical instruments store for more than six years now. His musical instruments have been in great demand for events across the town. He now wishes to expand his business by increasing his collection of instruments to meet his ever growing demand. He also wishes to purchase safety boxes to store his instrument and decoration materials for his store. This investment in his business will help him grow his business further.

About Pankaj Kusawah's livelihood

Pankaj is a service entrepreneur who works 8 hours a day for 6 days a week. With this loan Pankaj will potentially obtain employment for 312 days.

Interest Rate

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

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Others

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