false
false 0 0 jtNpglmuNs

Rameshwar

Prasad

Retailpreneur

Tikamgarh, Madhya Pradesh

312 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Rameshwar

Prasad

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

Retailpreneur

Madhya Pradesh

312 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Rameshwar

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!

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.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Rameshwar Prasad 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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Retail store

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.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS