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Sanjeev

Rajpoot

Retailpreneur

Jhansi, Uttar Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Sanjeev

Rajpoot

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Sanjeev needs credit to expand his retail store.

Retailpreneur

Uttar Pradesh

364 potential days of livelihood

25,000 loan is fully repaid

25,000 loan is fully repaid


About Sanjeev

Sanjeev is a man with a vision. He wants to support his family by being self-reliant. Sanjeev runs a retail store in his village for over two years. Now, he needs additional credit to expand his retail business, in order to increase his income to supply his family's needs. With these funds, he will be able to order retail items according to his customers' demands that will be sold at his retail store. He has been working hard to build his retail business and is really excited to expand with the help of this loan. Invest in him now!

About Sanjeev Rajpoot's livelihood

Sanjeev is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Sanjeev 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. Sanjeev Rajpoot 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

25,000

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