false
false 0 0 M8QfDcCEok

Santosh

Kumar

logoRetailpreneur

logo Jhansi, Uttar Pradesh

logo 20,000 has been disbursed

logo 273 livelihood days i

b-img b-img b-img

Santosh

Kumar

#determined#courageous
Invest in Santosh to stock up his Kirana store and expand his business.

logoRetailpreneur

logo Jhansi, Uttar Pradesh

logo 20,000 has been disbursed

logo 273 potential days of livelihood i

10,002 is
the current outstanding balance

99.98 0 0.02 9998 2 0

100%

0%

0%


Santosh is from Jhansi. He is a hard-working and determined person who runs a retail store. Because of the financial crisis, he is finding it difficult to run the business. As a result, his business is not making a profit. If a loan is arranged for him, then he will be able to purchase more stocks from the wholesale market and he will have money in hand to pay his supplier on time. With the help of this loan, he intends to invest in his business and grow profitably. He also will renovate his store. Support Santosh to enhance his income!

I wish to become a successful entrepreneur.

About Santosh Kumar's livelihood

Santosh is a retailpreneur who works 6 hours a day for 7 days a week. With this loan Santosh will potentially obtain employment for 273 days.

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

Investee
pays i

8.00% flat p.a.

14.40% APR

Social
Investor i

3.20%

5.76% APR

Impact
Partner i

up to 3.20%

5.76% APR

Platform
charges i

1.60%

2.88% APR

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 i

Investee
occupation

Retail store

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit bureau score i

No credit history available

 

Rang De confidence score

 i


B

Partner Rating i

B

Loan Profile i

A

Financial Profile i

B

Indian Micro Enterprises Development Foundation
   view website

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

Your Investees

Total Lives Impacted

0

Days of Livelihood

0