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false 0 0 jtNpglmuNs

Rameshwar

Prasad

logoRetailpreneur

logo Tikamgarh, Madhya Pradesh

logo 30,000 has been disbursed

logo 312 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Rameshwar

Prasad

#hardworking#ambitious
Invest in Rameshwar's stationery store and help him earn better.

logoRetailpreneur

logo Tikamgarh, Madhya Pradesh

logo 30,000 has been disbursed

logo 312 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

10,000 is
the current outstanding balance

100 0 0 20000 0 0

100%

0%

0%


Rameshwar is a resident of Tikamgarh, a hard-working man who lives with his family of four. He is running a retail store which sells stationery items like books, pens, pencils, notebooks and many more. Rameshwar has two years of experience in this business and he wants to invest in it so that he can make more profit. The additional money will help him in managing the family budget well and educating his children in good schools. This loan will help him purchase stationery items in bulk, which will generate excellent income through retail. Support him now!

I wish to give a good future for my children.

About Rameshwar Prasad's livelihood

Rameshwar is a retailpreneur who works 8 hours a day for 6 days a week. With this loan Rameshwar will potentially obtain employment for 312 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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Retail store

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