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Santosh

Kumar Kushwaha

Service Entrepreneur

Niwari, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Santosh

Kumar Kushwaha

#breadwinner#hardworking
Support Santosh's common service centre.

Service Entrepreneur

Madhya Pradesh

364 potential days of livelihood

25,000 loan is fully repaid

25,000 loan is fully repaid


About Santosh

Santosh is both educated and ambitious. He plans to expand this centre that serves as a common support point for his community. He is hoping to enhance his common service centre and provide multiple services through his shop. He wishes to use this credit to purchase the needed materials, furniture and decorative items for his store. This centre is very vital for the people of Niwari. It's their one-stop reference for their technical needs. Invest in Santosh and his people.

About Santosh Kumar Kushwaha's livelihood

Santosh is a service 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 Kumar 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

Impact
Partner

up to 3.20%

5.76% APR

Platform
charges

1.60%

2.88% 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

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