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Sachin

Creative Entrepreneur

Jhansi, Uttar Pradesh

364 livelihood days

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Sachin

#resilient#achiever
Invest in Sachin to expand his embroidery business.

Creative Entrepreneur

Uttar Pradesh

364 potential days of livelihood

40,000 loan is fully repaid

40,000 loan is fully repaid


About Sachin

Sachin is a young hard-working entrepreneur. He is an embroidery business owner and has been working at this for the last year. This loan will help him expand his business by adding more cloth materials and machines to his shop and increasing his capital. With proper investments, he can earn more income and expand his embroidery business. He is already working towards a stable and secure life for himself and his family. Contribute to his dream and help him develop himself by contributing towards the expansion of his embroidery business.

About Sachin 's livelihood

Sachin is a creative entrepreneur who works 8 hours a day for 7 days a week. With this loan Sachin 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. Sachin 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

40,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Embroidery

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