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Ramkunvar

Kushwaha

Retailpreneur

Tikamgarh, Madhya Pradesh

312 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Ramkunvar

Kushwaha

#dedicated#gogetter
Ramkunvar needs a loan to restock her general store.

Retailpreneur

Madhya Pradesh

312 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Ramkunvar

Ramkunvar is a resident of Tikamgarh and is successfully running a general store. She sells household goods and daily essentials. With this loan, she will be able to purchase and stock more products in her store. Customers will find an extensive and attractive inventory of household items. This will positively impact her customers, bringing them back to her store. Ramkunvar will also benefit from the increased income that the additional stock will produce. With the support of this loan, Ramkunvar will be able to manage her business more effectively, increasing her sales and building on her solid foundation.

About Ramkunvar Kushwaha's livelihood

Ramkunvar is a retailpreneur who works 8 hours a day for 6 days a week. With this loan Ramkunvar 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. Ramkunvar 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