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Rupesh

Prajapati

logoFood Entrepreneur

logo Niwari, Madhya Pradesh

logo 20,000 has been disbursed

logo 182 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Rupesh

Prajapati

#dedicated#believer
Invest in Rupesh to set up his food stall in a cart.

logoFood Entrepreneur

logo Niwari, Madhya Pradesh

logo 20,000 has been disbursed

logo 182 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

6,487.09 is
the current outstanding balance

100 0 0 13513 0 0

100%

0%

0%


Rupesh Prajapati is a resident of Niwari, who sells various snacks popular in his region. Customers are not only found near to his food stall but also at a distance. Having more experience in this line of work Rupesh understands how to make the best use of local produce and spices to create innovative and exciting dishes. With your loan support, he will set up the cart, purchase additional materials and spices to expand his business, and serve customers with their favorite snacks and beverages. Contribute towards the growth of Rupesh's food business and also help him serve as a role model for others.

I wish to build a big house for my family.

About Rupesh Prajapati's livelihood

Rupesh is a food entrepreneur who works 4 hours a day for 7 days a week. With this loan Rupesh will potentially obtain employment for 182 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

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Food stall

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.

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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0