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Raj

Sahu

Service Entrepreneur

Niwadi, Madhya Pradesh

364 livelihood days

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Raj

Sahu

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

Service Entrepreneur

Madhya Pradesh

364 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Raj

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.

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.

Interest Rate

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

Repair works

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