false
false 0 0 7u2MEQYTrk

Ramsevak

Kushwaha

Creative Entrepreneur

Tikamgarh, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Ramsevak

Kushwaha

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Support Ramsevak to buy a stitching machine and decorate his tailoring shop.

Creative Entrepreneur

Madhya Pradesh

364 potential days of livelihood

10,000 loan is fully repaid

10,000 loan is fully repaid


About Ramsevak

Ramsevak Kushwaha, a skilled embroidery worker and tailor, operates his tailoring shop in Tikamgarh. He has been working in this business for fifteen years and he is the sole breadwinner of his family. Ramsevak has a dream; he wishes to transform his tailoring shop into a fully-functional stitching center by purchasing a stitching machine and some other necessary equipment. He also needs to decorate his shop. He has now all the skills and expertise he needs to accomplish his dream, and all he needs is your support. Invest in Ramsevak so that he can run his business successfully!

About Ramsevak Kushwaha's livelihood

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

10,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Embroidery

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