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Sandeep

Kumar

Food Entrepreneur

Ramgarh, Jharkhand

455 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Sandeep

Kumar

#breadwinner#hardworking
Facilitate the expansion of Sandeep's food store.

Food Entrepreneur

Jharkhand

455 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Sandeep

Sandeep Kumar is a food store owner in the small district of Ramgarh in Jharkhand, India. He has worked in the industry for the past two years and hopes to expand his business. Sandeep currently runs a simple food stall that serves a variety of regional Indian cuisines as well as fast food for everyone to savour; he also supplies food for functions, local religious gatherings, and parties. Although Sandeep's business is growing, it's still not profitable enough to allow for expansion. To facilitate the same, Sandip has applied for a loan to purchase kitchen equipment for his restaurant. Invest in Sandeep.

About Sandeep Kumar's livelihood

Sandeep is a food entrepreneur who works 10 hours a day for 7 days a week. With this loan Sandeep will potentially obtain employment for 455 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Sandeep Kumar has consented to pay the interest as below:

Investee
pays

6.00% flat p.a.

10.80% APR

Social
Investor

6.00%

10.80% APR

Platform
charges

0.00%

0.00% APR

Loan Details

The following section provides a detailed view of the investee loan requirement.

Loan
amount

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Food stall

Investee Credit Rating:
Excellent

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

Transform Rural India Foundation
   
Partner logo

Established in

2016

With Rang De from

2022

Founded by

Anish Kumar, Anirban Ghose

TRIF aims to bring about a paradigm change in the lives of disadvantaged communities in rural India, more specifically the poorest 100,000 villages and enable the rural communities to achieve their full potential by ensuring they have equal access to the opportunities available to everyone else.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS