false
false 0 0 DXzjTGjHnV

Ravikant

Sutrkar

logoFood Entrepreneur

logo Tikamgarh, Madhya Pradesh

logo 30,000 has been disbursed

logo 364 livelihood days i

b-img b-img b-img

Ravikant

Sutrkar

#hardworking#ambitious
Support Ravikant to purchase materials for his food stall.

logoFood Entrepreneur

logo Tikamgarh, Madhya Pradesh

logo 30,000 has been disbursed

logo 364 potential days of livelihood i

14,891.36 is
the current outstanding balance

100 0 0 15109 0 0

100%

0%

0%


Ravikant Sutrkar is a resident of Tikamgarh, who has been running a food stall for the past three years. He provides food to the locals with the support of his wife and mother. He sells different kinds of food, but to eat his hot and yummy momos, people visit his stall regularly. In order to expand his business, he needs some help from Rang De. He wants to purchase materials required for his food stall, so he can sell more food to the people visiting his stall. He will also decorate his stall to attract more customers. Support Ravikant to grow his business and to provide more people a delicious cuisine.

I wish to start my own restaurant.

About Ravikant Sutrkar's livelihood

Ravikant is a food entrepreneur who works 8 hours a day for 7 days a week. With this loan Ravikant will potentially obtain employment for 364 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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Food stall

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

 

C

Rang De confidence score

 i


B

Partner Rating i

B

Loan Profile i

A

Financial Profile i

B

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