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Pratipal

Shrivas

Service Entrepreneur

Jhansi, Uttar Pradesh

364 livelihood days

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Pratipal

Shrivas

#positive#passionate
Support Pratipal to purchase a painting machine to help with his work.

Service Entrepreneur

Uttar Pradesh

364 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Pratipal

Pratipal Shrivas is a passionate and hard-working contractor with vast experience in the construction business. He started his career twenty years ago, since then he has skillfully managed to expand his business and profits yearly. This loan will help Pratipal to purchase a new painting machine for his work and to continue with the ongoing projects. The painting machine will be used to help him in his work of providing residential and commercial painting services on a large scale. Help Pratipal to improve his business and contribute to the growth of his family's economy.

About Pratipal Shrivas's livelihood

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

Construction

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