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Santosh

Ahirwar

Service Entrepreneur

Tikamgarh, Madhya Pradesh

455 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Santosh

Ahirwar

#breadwinner#hardworking
Santosh needs a loan to upscale his cement business.

Service Entrepreneur

Madhya Pradesh

455 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Santosh

Santosh is a contractor who sells cement. He is a resident of the Tikamgarh District. Santosh is a young energetic person and has a very strong desire to do something in his life. He sells cement to the construction workers in Tikamgarh. However, he cannot buy cement in bulk. Santosh needs a loan to buy cement in large quantities. This will enable him to take big orders and earn a profit and be able to fulfill his family's needs. He is very confident about his business and his ability to pay back the loan.

About Santosh Ahirwar 's livelihood

Santosh is a service entrepreneur who works 10 hours a day for 7 days a week. With this loan Santosh 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. Santosh Ahirwar 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

Others

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