false
false 0 0 tpbChcSae8

Rupesh

Prajapati

Food Entrepreneur

Tikamgarh, Madhya Pradesh

182 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4

Rupesh

Prajapati

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

Food Entrepreneur

Madhya Pradesh

182 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Rupesh

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.

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.

Interest Rate

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

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Food stall

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