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Rangilal

logoService Entrepreneur

logo Basti, Uttar Pradesh

logo 50,000 has been disbursed

logo 546 livelihood days i

b-img b-img b-img b-img

Rangilal

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Rangilal needs credit to invest in his Lime business.

logoService Entrepreneur

logo Basti, Uttar Pradesh

logo 50,000 has been disbursed

logo 546 potential days of livelihood i

41,359.73 is
the current outstanding balance

100 0 0 8640 0 0

100%

0%

0%


Rangilal is a dynamic and successful entrepreneur who has created a niche for himself within the lime industry, particularly in the district of Basti in Uttar Pradesh. He was able to begin his business of supplying lime to various customers and businesses within the Basti district. He has now been able to acquire a wide customer base, thanks to his reputation for quality lime. He is now looking to grow his business further by purchasing more lime, a new packing machine, and boxes. Invest in Rangilal as he dreams to expand his business and sell lime in a wider market.

I wish to upscale my business and explore more business opportunities.

About Rangilal 's livelihood

Rangilal is a service entrepreneur who works 12 hours a day for 7 days a week. With this loan Rangilal will potentially obtain employment for 546 days.

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

Investee
pays i

8.00% flat p.a.

14.40% APR

Social
Investor i

3.20%

5.76% APR

Impact
Partner i

up to 3.20%

5.76% APR

Platform
charges i

1.60%

2.88% APR

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 i

Investee
occupation

Others

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit bureau score i

No credit history available

 

Rang De confidence score

 i


B

Partner Rating i

B

Loan Profile i

A

Financial Profile i

A

Indian Micro Enterprises Development Foundation
   view website

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

Your Investees

Total Lives Impacted

0

Days of Livelihood

0