false
false 0 0 ReuXbWG3Cl

Raj

Sahu

logoService Entrepreneur

logo Niwadi, Madhya Pradesh

logo 50,000 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 b-img

Raj

Sahu

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Support Raj as he needs essential items for his repair shop.

logoService Entrepreneur

logo Niwadi, Madhya Pradesh

logo 50,000 has been disbursed

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

33,234.44 is
the current outstanding balance

100 0 0 16766 0 0

100%

0%

0%


Raj Sahu works in the small city of Niwadi in Madhya Pradesh. He owns a repair shop that provides basic repair and restoration services for various household items. The shop provides a convenient, cheaper way for the people of Niwadi to restore their damaged goods, as well as provide a livelihood for Raj. Currently, the shop is in need of some essential materials for repairing. Invest in Raj as he needs these items to properly conduct his business, improve his client base, and earn more income as a result.

I wish to expand my repair shop.

About Raj Sahu's livelihood

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

50,000

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