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Ravindra

Sagarya

Creative Entrepreneur

Niwari, Madhya Pradesh

318 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Ravindra

Sagarya

#hardworking#ambitious
Invest in Ravindra to expand his tailoring business.

Creative Entrepreneur

Madhya Pradesh

318 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Ravindra

Ravindra Sagarya is a hardworking man who has taken active participation in the family business. For many years, Ravindra's family has been involved in embroidery. Embroidery is not merely a source of income for him but is also a way of using his time to their advantage and producing beautiful clothing that is much in demand. With this loan, he will be purchasing a new sewing machine and some essential items for his shop. The additional income produced by this project not only helps him grow as a businessman but also aids in the growth of his family. Support him now!

About Ravindra Sagarya 's livelihood

Ravindra is a creative entrepreneur who works 7 hours a day for 7 days a week. With this loan Ravindra will potentially obtain employment for 318 days.

Interest Rate

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

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.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS