false
false 0 0 wFkg2ATnne

Saksham

Mishra

logoRetailpreneur

logo Tikamgarh, Madhya Pradesh

logo 20,000 has been disbursed

logo 312 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Saksham

Mishra

#hustler#dedicated
Invest in Saksham to purchase raw materials for his electronic shop.

logoRetailpreneur

logo Tikamgarh, Madhya Pradesh

logo 20,000 has been disbursed

logo 312 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

8,331.83 is
the current outstanding balance

100 0 0 11668 0 0

100%

0%

0%


Saksham Mishra has been running an Electronic retail store for more than three years. His shop offers a variety of products like iron boxes, mixer grinders, T V sets, etc. A few more years of hard work and he hopes to grow his business further. However, the problem lies in the current state of his business. He has no raw material stocks of his own and hence has to source these from various places, which makes him vulnerable to price hikes. This loan will help him to buy the necessary raw materials to run his business smoothly. Invest in Saksham to enable him to focus on selling his products and reaching out to his targeted customer base.

I wish to build a big house for my family.

About Saksham Mishra 's livelihood

Saksham is a retailpreneur who works 8 hours a day for 6 days a week. With this loan Saksham will potentially obtain employment for 312 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

Retail store

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