false
false 0 0 2FPzuui6ZQ

Pramod

Kumar

logoRetailpreneur

logo Sant Ravi Das Nagar, Uttar Pradesh

logo 50,000 has been disbursed

logo 364 livelihood days i

b-img b-img b-img b-img

Pramod

Kumar

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Pramod needs credit to purchase paper plates for his retail store.

logoRetailpreneur

logo Sant Ravi Das Nagar, Uttar Pradesh

logo 50,000 has been disbursed

logo 364 potential days of livelihood i

33,333.32 is
the current outstanding balance

100 0 0 16667 0 0

100%

0%

0%


Pramod started his retail store four years ago in Sant Ravi Das Nagar, where he lives with his family of four. He sells small household items such as paper plates, plastic glasses, soft drinks, cookies, etc, and other items as well. Pramod is a hardworking person with a positive attitude towards life and business. Now, with the assistance of this loan, he will expand his retail business by purchasing more supplies to stock in his store. With the increased revenue generated from the sale of the items, he can support his family, pay school fees for his kids, and can have better living conditions. Support him now!

I wish to build a big house for my family.

About Pramod Kumar's livelihood

Pramod is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Pramod 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 i

8.00% flat p.a.

14.40% APR

Social
Investor i

3.20%

5.76% APR

Impact
Partner i

up to 3.20%

5.76% APR

Platform
charges i

1.60%

2.88% 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 i

Investee
occupation

Retail store

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit bureau score i

 

A

Rang De confidence score

 i


B

Partner Rating i

B

Loan Profile i

A

Financial Profile i

A

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.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0