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Rameshvar

Kushwaha

Retailpreneur

Niwari, Madhya Pradesh

455 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Rameshvar

Kushwaha

#Hardworking
Rameshwar wants to upscale his retail store.

Retailpreneur

Madhya Pradesh

455 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Rameshvar

Rameshwar lives in a small village near Niwari. He has his own retail store where he sells groceries and snacks. His small retail business supplies the locals with required goods but it's not enough to meet their daily consumption. With more investment and hard work, Rameshwar plans to have a bigger and better retail store which will benefit him financially. This loan will help Rameshwar to purchase goods that he can sell at his retail store. He will be able to earn a higher income which will help him improve his lifestyle.

About Rameshvar Kushwaha 's livelihood

Rameshvar is a retailpreneur who works 10 hours a day for 7 days a week. With this loan Rameshvar will potentially obtain employment for 455 days.

Interest Rate

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

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.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS