false
false 0 0 S6AQ8rFyai

Ravindra Singh

Rajput

logoRetailpreneur

logo Niwadi, Madhya Pradesh

logo 30,000 has been disbursed

logo 364 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Ravindra Singh

Rajput

#strong#determined
Invest in Ravindra to purchase stocks and set up a counter for his Kirana store.

logoRetailpreneur

logo Niwadi, Madhya Pradesh

logo 30,000 has been disbursed

logo 364 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

12,500 is
the current outstanding balance

100 0 0 17500 0 0

100%

0%

0%


A young man from a village, Ravindra Singh opened up his own retail store a year ago. He previously used to work as an employee for an established retail store. He started his own shop out of his hard-earned savings and gradually built it into his own strong, revenue-generating business. Invest in him to help him grow this business. He sells groceries, household items and helps customers assemble other essential household items when requested. Now, he needs a loan to meet his immediate credit needs. He needs to purchase a few essential stocks and set up a counter for his store. This will help him run the business well. Invest in Ravindra!

I wish to become a successful entrepreneur.

About Ravindra Singh Rajput's livelihood

Ravindra Singh is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Ravindra Singh 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 The rate of interest charged to the investee

8.00% flat p.a.

14.40% APR

Social
Investor The rate of return an investor makes

3.20%

5.76% APR

Impact
Partner The rate of return an impact partner makes

up to 3.20%

5.76% APR

Platform
charges The charges, the platform incurs by offering it's services

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 Equated Monthly Instalment

Investee
occupation

Retail store

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

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