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Rajendra

Chobey

Retailpreneur

Jhansi, Uttar Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Rajendra

Chobey

#breadwinner#hardworking
Rajendra needs a loan to stock his general store.

Retailpreneur

Uttar Pradesh

364 potential days of livelihood

25,000 loan is fully repaid

25,000 loan is fully repaid


About Rajendra

Rajendra Chobey is an idealist who takes pride in a job well done. The truth is that he is a hardworking man who gives his best to all his work, and this effort has helped him build a reputable career. He owns a retail business and strives to keep up with the needs of his customers. With his products selling at a competitive price with timely service, he has a good chance of becoming successful. With the income generated by his business, Rajendra is steadily growing his family's economic ability. Help us in supporting him in his mission.

About Rajendra Chobey's livelihood

Rajendra is a retailpreneur 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 Chobey 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

25,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Retail store

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