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Sandeep Kumar

Bind

Retailpreneur

Mirzapur, Uttar Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Sandeep Kumar

Bind

#breadwinner#hardworking
Sandeep Kumar needs credit to restock his retail store.

Retailpreneur

Uttar Pradesh

364 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Sandeep Kumar

Sandeep Kumar Bind has been actively working on his retail business for the last two years. He started this business with a small investment and belief in himself to support his family of seven. He is now looking to expand his store to meet his customers demands. He is in need for credit to restock and renovate his store. He believes that his hard work will get him the success he desires. Invest in Sandeep Kumar and help him achieve his dreams of becoming successful and growing his business.

About Sandeep Kumar Bind's livelihood

Sandeep Kumar is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Sandeep Kumar 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. Sandeep Kumar Bind 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

50,000

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