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Ram

Dhani Bind

logoService Entrepreneur

logo Mirzapur, 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 b-img

Ram

Dhani Bind

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

logoService Entrepreneur

logo Mirzapur, 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

29,175.18 is
the current outstanding balance

100 0 0 20825 0 0

100%

0%

0%


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.

I wish to give a good future to my children.

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.

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

Others

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.

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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0