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Santram

Vishwkarma

logoCreative Entrepreneur

logo Tikamgarh, Madhya Pradesh

logo 30,000 has been disbursed

logo 273 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Santram

Vishwkarma

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

logoCreative Entrepreneur

logo Tikamgarh, Madhya Pradesh

logo 30,000 has been disbursed

logo 273 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

14,888.28 is
the current outstanding balance

100 0 0 15112 0 0

100%

0%

0%


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.

I wish to start a big apparel store and become a successful entrepreneur.

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.

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

Investee
pays The rate of interest charged to the investee

8.00% flat p.a.

14.40% APR

Social
Investor The rate of return an investor makes

3.20%

5.76% APR

Impact
Partner The rate of return an impact partner makes

up to 3.20%

5.76% APR

Platform
charges The charges, the platform incurs by offering it's services

1.60%

2.88% APR

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 Equated Monthly Instalment

Investee
occupation

Embroidery

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

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.

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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0