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Pati

Ram

Service Entrepreneur

Jhansi, Uttar Pradesh

364 livelihood days

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Pati

Ram

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

Service Entrepreneur

Uttar Pradesh

364 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Pati

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!

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.

Interest Rate

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

30,000

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