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Santosh

Pal

Creative Entrepreneur

Niwari, Madhya Pradesh

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Santosh

Pal

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

Creative Entrepreneur

Madhya Pradesh

273 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Santosh

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.

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.

Interest Rate

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

Handicrafts

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