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Santram

Vishwkarma

Creative Entrepreneur

Tikamgarh, Madhya Pradesh

273 livelihood days

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Santram

Vishwkarma

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Support Santram to buy clothes and other materials for his tailoring work.

Creative Entrepreneur

Madhya Pradesh

273 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Santram

Santram is a hard-working man who is determined to make his business a success. Santram specializes in embroidery work and strives for perfection; he knows each thread, each stitch, and what looks good and how it should be. With the festive season starting, he needs some funds to purchase some essential items for stitching. Investing in him will enable him to buy more clothes for embroidery, thus increasing his sales and building his business. Help him develop his business and enable him to become self-sufficient.

About Santram Vishwkarma's livelihood

Santram is a creative entrepreneur who works 6 hours a day for 7 days a week. With this loan Santram 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. Santram Vishwkarma 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

Embroidery

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