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Ramnarayan

Kushwaha

Retailpreneur

Niwari, Madhya Pradesh

455 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Ramnarayan

Kushwaha

#breadwinner#hardworking
Invest in Ramnarayan as he stocks up his retail store with more grocery.

Retailpreneur

Madhya Pradesh

455 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Ramnarayan

Ramnarayan Kushwaha is a person who has shown a lot of interest in the grocery trade and is doing it successfully. Being one of the young and leading businessmen in Niwari, he wishes to expand his business to earn more profits. He needs a loan to buy more groceries for his retail store so he can successfully meet his business targets and meet the needs of his customers as well. This will encourage him to reach new heights. Invest with Ramnarayan as he expands his store and increase his customer base.

About Ramnarayan Kushwaha's livelihood

Ramnarayan is a retailpreneur who works 10 hours a day for 7 days a week. With this loan Ramnarayan 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. Ramnarayan 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

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.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS