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Rajendra

Kumar

Service Entrepreneur

Jhansi, Uttar Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Rajendra

Kumar

#passionate#ambitious
Invest in Rajendra to purchase furniture for his studio.

Service Entrepreneur

Uttar Pradesh

364 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Rajendra

Rajendra is a young and talented professional photographer who runs a successful studio, with a variety of clients. His business heavily relies on his studio's look and presentation. With this loan, Rajendra wishes to purchase cushion covers, furniture, a door, a table, and others necessary to develop his business, including setting up a professional display stand. The loan is the first step towards reaching his goals, and he will use his talent to receive online orders in the future with the help of this loan. This loan will help him improve his studio and promote his business to further expand his market. Support Rajendra to run his business successfully!

About Rajendra Kumar's livelihood

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

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Professional services

Investee Credit Rating:
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