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Sarju

Prasad

Food Entrepreneur

Jhansi, Uttar Pradesh

455 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Sarju

Prasad

#courageous#go-getter
Support Sarju Prasad to stock up his food stall and expand his business.

Food Entrepreneur

Uttar Pradesh

455 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Sarju

Sarju Prasad is a resident of Jhansi and a hardworking man with a positive mentality. He owns his own small food stall in the area where he serves a variety of dishes and fruits to customers daily. Sarju Prasad and his family are now working on building a solid future for themselves. With your assistance, they can achieve their dreams faster. This loan will help Sarju Prasad expand his business by building a larger stall and stocking up his stall for the upcoming festive season, allowing him to sell more and earn more income for his family. He will also use some money to decore his stall to attract more customers. Invest in Sarju Prasad now!

About Sarju Prasad 's livelihood

Sarju is a food entrepreneur who works 10 hours a day for 7 days a week. With this loan Sarju will potentially obtain employment for 455 days.

Interest Rate

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

Food stall

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