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Ravindra Singh

Rajput

Retailpreneur

Niwadi, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Ravindra Singh

Rajput

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

Retailpreneur

Madhya Pradesh

364 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Ravindra Singh

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!

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.

Interest Rate

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