false
false 0 0 2Z3XbemxCQ

Ram

Shankar Verma

Service Entrepreneur

Bahraich, Uttar Pradesh

50,000 has been disbursed

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Ram

Shankar Verma

#breadwinner#hardworking
Ram Shankar needs funds to expand his professional service center.

Service Entrepreneur

Uttar Pradesh

50,000 has been disbursed

364 potential days of livelihood

29,161.45 is
the current outstanding balance

41.68 0 0 58.32 20839 0 0 29161

42%

0%

0%

58%


About Ram

Ram Shankar Verma has been working in the district of Bahraich, Uttar Pradesh. His job requires him to travel often; this has kept him away from battling at home to provide for his family. Despite his long days away from home, Ram Shankar has managed to provide for his family. Ram Shankar's wife, a homemaker, and his son, are dependent on him. However, due to the daily demands they've encountered, they still need a great deal of help. Ram Shankar is the head of a thriving professional services center. He provides a variety or services. He is looking to expand his business further and earn more revenue. With this loan he will purchase a laptop and a printer to provide better services to his customers. Invest in Ram Shankar as he furthers his professional services, completes specified tasks, and earns more revenue.

About Ram Shankar Verma's livelihood

Ram is a service entrepreneur who works 8 hours a day for 7 days a week. With this loan Ram 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. Ram Shankar Verma 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

Professional services

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