false
false 0 0 MuXWUu2blE

Rajesh

Kewat

logoDomestic Worker

logo Tikamgarh, Madhya Pradesh

logo 30,000 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

Rajesh

Kewat

#Hardworking# Ambitious
Support Rajesh by helping him purchase a wheat grinder and a pulverizer.

logoDomestic Worker

logo Tikamgarh, Madhya Pradesh

logo 30,000 has been disbursed

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

17,484.2 is
the current outstanding balance

100 0 0 12516 0 0

100%

0%

0%


Rajesh Kewat is a hard-working young man who dreams of supporting his family with a better livelihood. Rajesh has built a flour mill unit at home. Although he earns a regular income, he wishes now to expand this home-based business by investing in wheat grinders and other pulverising equipment. He hopes to avail a loan from Rang De for the same. Have your share in Rajensh's scale-up plans.

I wish to build a big house for my family.

About Rajesh Kewat's livelihood

Rajesh is a domestic worker who works 8 hours a day for 7 days a week. With this loan Rajesh 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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Domestic worker

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