false
false 0 0 2Z3XbemxCQ

Ram

Shankar Verma

logoService Entrepreneur

logo Bahraich, Uttar Pradesh

logo 50,000 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

Ram

Shankar Verma

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

logoService Entrepreneur

logo Bahraich, Uttar Pradesh

logo 50,000 has been disbursed

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

37,499.87 is
the current outstanding balance

100 0 0 12500 0 0

100%

0%

0%


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.

My dream is to enjoy a secure future with my family.

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.

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

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Professional services

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.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0