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Saksham

Mishra

Retailpreneur

Tikamgarh, Madhya Pradesh

312 livelihood days

Borrower Image 1 Borrower Image 2

Saksham

Mishra

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

Retailpreneur

Madhya Pradesh

312 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Saksham

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.

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.

Interest Rate

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