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Rajesh

Kushwaha

Food Entrepreneur

Niwari, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Rajesh

Kushwaha

#breadwinner#hardworking
Support Rajesh to purchase materials for his food stall.

Food Entrepreneur

Madhya Pradesh

364 potential days of livelihood

25,000 loan is fully repaid

25,000 loan is fully repaid


About Rajesh

Rajesh runs a small food stall on the road and he has been working in this business for the past two years. His business is very much profitable as he is providing hygienic food to the local people. This business is also helping him to uplift the condition of his family, and also gain respect from his society. As his business is doing great currently, he wants to invest in it by purchasing some key materials for his business. The loan will be used for the procurement of spices and stationery which are used for preparing food. He will also decore his stall and make it more attractive. Invest in him to draw more profit!

About Rajesh Kushwaha's livelihood

Rajesh is a food entrepreneur who works 8 hours a day for 7 days a week. With this loan Rajesh 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. Rajesh Kushwaha 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

Food stall

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