false
false 0 0 Q3PRT5cLGZ

Santosh

Pal

logoCreative Entrepreneur

logo Niwari, Madhya Pradesh

logo 50,000 has been disbursed

logo 273 livelihood days i

b-img b-img b-img

Santosh

Pal

#hardworking#ambitious
Support Santosh to purchase materials for his handicrafts shop and expand it.

logoCreative Entrepreneur

logo Niwari, Madhya Pradesh

logo 50,000 has been disbursed

logo 273 potential days of livelihood i

37,485.58 is
the current outstanding balance

100 0 0 12514 0 0

100%

0%

0%


Santosh is a resident of Niwari who runs a shop that makes and sells organic plates and cups. He started his shop one year back and desires to expand the scale of his business. Santosh is a hard-working young man who has been able to follow his dreams. With this loan, he will make an investment in his shop and purchase needed materials. Santosh is a believer in developing his business, and your support will help him do so. Invest in Santosh to support his unchanging enthusiasm and desire to continue on the right path.

I wish to become a successful entrepreneur.

About Santosh Pal's livelihood

Santosh is a creative entrepreneur 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

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Handicrafts

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

A

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