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Santosh

Kushwaha

Food Entrepreneur

Tikamgarh, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Santosh

Kushwaha

#breadwinner#hardworking
Support Santosh's grocery store.

Food Entrepreneur

Madhya Pradesh

364 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Santosh

Santosh Kushwaha is a self-motivated man who has started a grocery shop in the Tikamgarh District of Madhya Pradesh. Having experienced many ups and downs in life, Santosh Kushwaha runs a food stall which is located on a busy street in the city and has won the hearts of all of his customers. Despite his success, he is driven by a desire to make his business larger. With this credit, Santosh is looking to get more materials for the shop and increase his customer base. Invest in his ambition.

About Santosh Kushwaha's livelihood

Santosh is a food entrepreneur who works 8 hours a day for 7 days a week. With this loan Santosh 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. Santosh Kushwaha 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:
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