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Ram

Bahadur

Creative Entrepreneur

Khargapur, Uttar Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4

Ram

Bahadur

#breadwinner#hardworking
Invest in Ram to purchase essential items for making carpets.

Creative Entrepreneur

Uttar Pradesh

364 potential days of livelihood

40,000 loan is fully repaid

40,000 loan is fully repaid


About Ram

Ram is a well-established carpet maker in Sant Ravidas Nagar. As the head of the family, Ram is responsible for managing his family's finances and providing sustenance to his wife and four children. His carpets are unique, and are sought out by many customers who purchase them immediately after their creation. His handmade creations are equally valuable to his family, as they provide the necessities and comfort which they need to live a full and joyful life. With your help, Ram will be able to purchase the essential items necessary for his carpets such as good-quality cloth, yarn, loom, and machine. With the expansion of his works, he will also be able to provide a greater quality of life for his family. Support him now!

About Ram Bahadur's livelihood

Ram is a creative 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 Bahadur 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

40,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Handicrafts

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