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Raju

Ahirwar

Retailpreneur

Tikamgarh, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Raju

Ahirwar

#believer#passionate
Invest in Raju to stock up his Kirana store and decorate it.

Retailpreneur

Madhya Pradesh

364 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Raju

Raju is a Kirana shop owner. from Niwari, Madhya Pradesh. He was able to start his own business with the support of his relatives and friends. He now wishes to expand his business so that he can enjoy a better income and needs credit for the same. With the help of this loan, he will be able to stock up his Kirana store, renovate the area surrounding his store, and decorate it. He will use the extra income from his store to meet his children's educational expenses on time. Support Raju now!

About Raju Ahirwar 's livelihood

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

30,000

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