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Sadadaam

Khan

Retailpreneur

Niwari, Madhya Pradesh

318 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Sadadaam

Khan

#hardworking#ambitious
Invest in Sadadaam to purchase new stocks for his retail store and decorate it.

Retailpreneur

Madhya Pradesh

318 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Sadadaam

Sadadaam is a resident of Niwari and has remained in business for the past three years. He owns a retail store where he sells daily use products like makeup items, detergent powder, soaps, and other household items. He is an enterprising individual and has a resolve to succeed no matter what. He has been able to collect a stable profit and with the help of his existing loan, he was able to purchase more stock for his retail store and began a successful production line. With this loan, he can purchase additional goods, fix his retail shop and decorate it as well. With your support and his resolve to succeed, his business will flourish.

About Sadadaam Khan's livelihood

Sadadaam is a retailpreneur who works 7 hours a day for 7 days a week. With this loan Sadadaam will potentially obtain employment for 318 days.

Interest Rate

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

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