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Rajiv Kumar

Jha

Service Entrepreneur

Tikamgarh, Madhya Pradesh

364 livelihood days

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Rajiv Kumar

Jha

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Support Rajiv to purchase motor binding materials 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 Rajiv Kumar

Rajiv has been in the welding-repair business for eight years now. He has displayed great perseverance to sustain this craft in the face of increasing competition. Rajiv is a popular name in Tikamgarh and has gained the trust of his clients with his exceptional workmanship and quality. He works hard everyday to serve his customers, to provide them with the best products. With this loan, he will be able to purchase more motor parts and other materials that are necessary for his repairshop. This will contribute towards the growth of his business and allow him to earn a satisfactory income to support himself and his family. Invest in Rajiv today!

About Rajiv Kumar Jha's livelihood

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