false
false 0 0 Gx2XMQPhhs

Rohit

Retailpreneur

Bahraich, Uttar Pradesh

409 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Rohit

#Hard Worker
Rohit needs financial assistance to expand his retail store.

Retailpreneur

Uttar Pradesh

409 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Rohit

Rohit is a hard-working man who knows perseverance, and this is what sets him apart from many others. He lives with his family of 5 members in the district of Bahraich in Uttar Pradesh. Rohit owns a retail shop as his business and has been involved with retail for the past 8 years. Despite the income that Rohit makes from his business, he struggles to meet all his family's needs on time. With a dream of providing for a better and secure future for his family, he is looking to expand his business of retail further. He's looking to raise a loan to purchase some tobacco products, biscuits, snacks and pan items to attract more customers to enhance his income. Invest in Rohit as he expands his retail business.

About Rohit 's livelihood

Rohit is a retailpreneur who works 9 hours a day for 7 days a week. With this loan Rohit will potentially obtain employment for 409 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Rohit has consented to pay the interest as below:

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

4.80%

8.64% APR

Platform
charges

3.20%

5.76% APR

Loan Details

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

Investee
occupation

Retail store

Investee Credit Rating:
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.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS