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Ram

Dhani Bind

Service Entrepreneur

Mirzapur, Uttar Pradesh

364 livelihood days

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

Ram

Dhani Bind

#Go-getter#Passionate
Initiate Ram's ice cream venture.

Service Entrepreneur

Uttar Pradesh

364 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Ram

Ram Dhani Bind is an enterprising man who knows perseverance, and this is what sets him apart from others. He lives with his family of five members in the district of Mirzapur in Uttar Pradesh; this has required a significant investment from Ram Dhani to help raise a healthy and secure family. Ram Dhani wishes to set up an ice cream store in his village. To do so, he wishes to purchase a freezer and other necessary raw materials. Rang De loan will be his first step to establish this unit. Encourage Ram's business by investing in him.

About Ram Dhani Bind'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 Dhani Bind 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

Others

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