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Ram Singh

Kushwaha

Retailpreneur

Niwari, Madhya Pradesh

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Ram Singh

Kushwaha

#ambitious#positive
Enable Ram Singh to purchase eggs and other essentials for his Kirana store.

Retailpreneur

Madhya Pradesh

273 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Ram Singh

Ram Singh opened his store to provide his family a comfortable, secure, and peaceful life with a little aid from the money he earned. He sells eggs, milk, and other daily commodities to his customers. Ram Singh is engrossed in his business; even in his free time, he is found working in his shop. He has been struggling to keep his shop running due to a lack of funds. His situation requires him to take this loan to purchase eggs, milk, and other essentials for his shop. Ram Singh hopes to get help from the loan for which he can repay it back on a monthly basis. The additional income earned through selling daily commodities will support his family to live a secure life. Invest in Ram Singh!

About Ram Singh Kushwaha's livelihood

Ram Singh is a retailpreneur who works 6 hours a day for 7 days a week. With this loan Ram Singh will potentially obtain employment for 273 days.

Interest Rate

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