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Ramkishor

Kushwaha

Service Entrepreneur

Niwari, Madhya Pradesh

364 livelihood days

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Ramkishor

Kushwaha

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Invest in Ramkishor's brick making unit.

Service Entrepreneur

Madhya Pradesh

364 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Ramkishor

Ramkishor Kushwaha is a resident of Niwari and is a man of determination, who believes in setting the bar high. He knows the power of creating opportunities. He is currently involved with brick-making, an industry he plans to develop and grow. He makes clay bricks and sells them to his customers at affordable rates. Through this loan, you will enable him to invest more in his brick unit, which should boost the production of bricks. With the loan, he will be able to pay for the labour cost and purchase raw materials. Invest in Ramkishor as he dreams of taking his business to more heights!

About Ramkishor Kushwaha's livelihood

Ramkishor is a service entrepreneur who works 8 hours a day for 7 days a week. With this loan Ramkishor 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. Ramkishor 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

Construction

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