false
false 0 0 JtM2eGmQxA

Sanjiv

Kumar

Food Entrepreneur

Jalaun, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4

Sanjiv

Kumar

#hardworking#positive
Invest in Sanjiv to expand his food stall.

Food Entrepreneur

Madhya Pradesh

364 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Sanjiv

Sanjiv Kumar is a hard-working man who runs his food stall to earn an income for his family. Sanjiv buys quality food items from the local market and cooks them in front of his shop. He serves quality food and customers keep coming back to him. When he was keen to expand his business he came to us. He needs to purchase raw materials and take his business to a higher level. With help of this loan, he will make this business profitable. Invest in Sanjiv to contribute towards the growth of his family's business.

About Sanjiv Kumar's livelihood

Sanjiv is a food entrepreneur who works 8 hours a day for 7 days a week. With this loan Sanjiv 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. Sanjiv Kumar 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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Food stall

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.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS