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Pawan Kumar

Sutrakar

logoCreative Entrepreneur

logo Niwari, Madhya Pradesh

logo 30,000 has been disbursed

logo 318 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Pawan Kumar

Sutrakar

#hardworking#courageous
Support Pawan to purchase some cloth materials for his tailoring shop.

logoCreative Entrepreneur

logo Niwari, Madhya Pradesh

logo 30,000 has been disbursed

logo 318 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

2,488.55 is
the current outstanding balance

100 0 0 27511 0 0

100%

0%

0%


Pawan Kumar lives with his family of five in Niwari, Madhya Pradesh, and runs a tailoring unit there for over five years. The pandemic made it hard for him to arrange funds to meet his credit needs. He wishes to expand his business now and seeks credit for the same. He will use the credit to purchase some cloth materials and run his business successfully. This will enable Pawan to earn better and provide for his family well. Support Pawan financially today!

I wish to become a tailoring master.

About Pawan Kumar Sutrakar's livelihood

Pawan Kumar is a creative entrepreneur who works 7 hours a day for 7 days a week. With this loan Pawan Kumar will potentially obtain employment for 318 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

Embroidery

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