false
false 0 0 Xp8ZlgfgU8

Rajkumar

Retailpreneur

Jhansi, Uttar Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Rajkumar

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Rajkumar needs credit to purchase flouring machines for his mill.

Retailpreneur

Uttar Pradesh

364 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Rajkumar

Rajkumar has been running a successful flour mill for the past five years, today he is sharing his long-term goals of expanding his business and mill. With his new loan, he will be able to purchase more flouring machines for his mill to help him expand his business. The flouring machines will help greatly improve his business and increase his profit so that he can be able to afford a better lifestyle for his family. Your support will allow him to make a lot of investments in his Mill. Invest in Rajkumar!

About Rajkumar 's livelihood

Rajkumar is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Rajkumar 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. Rajkumar 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

Retail store

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.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS