false
false 0 0 AlyujZedDq

Pati

Ram

logoService Entrepreneur

logo Jhansi, Uttar Pradesh

logo 30,000 has been disbursed

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

b-img b-img b-img

Pati

Ram

#provider#resilient
Support Pati Ram to purchase raw materials required for repair works.

logoService Entrepreneur

logo Jhansi, Uttar 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

4,745.4 is
the current outstanding balance

100 0 0 25255 0 0

100%

0%

0%


Pati Ram helped his father in repairs at a young age, and imbibed his experience while helping his father. Thanks to his skills and experience, he has mastered the art of repair work. He has been running his repair garage at Jhansi for two years and has proven himself to be a very valuable business mind; he understands the true value of hard work. With the support of a loan, he hopes to make sound investments in purchasing raw materials for use in repairing works. A loan would grant him full liberty to do with his business as he pleases and he will be able to continue improving his workshop and making it better than ever before. Support him now!

I wish to become a successful entrepreneur.

About Pati Ram's livelihood

Pati is a service entrepreneur who works 8 hours a day for 7 days a week. With this loan Pati 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