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Saurabh

.

Service Entrepreneur

Jhansi, Uttar Pradesh

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Saurabh

.

#breadwinner#hardworking
Saurabh needs credit to purchase sound systems.

Service Entrepreneur

Uttar Pradesh

273 potential days of livelihood

40,000 loan is fully repaid

40,000 loan is fully repaid


About Saurabh

Saurabh is a 28-year-old resident of Jhansi. He works as a DJ in local parties and other events. Saurabh is a very young entrepreneur, dosed full of enthusiasm and dreams of success. He is looking to get a loan of Rs. 40,000 to purchase equipment like the speakers and sound box for his DJ business. Saurabh dreams to expand his business and earn money in a secure and respectable manner. Invest in Saurabh as he expands his business of music.

About Saurabh . 's livelihood

Saurabh is a service entrepreneur who works 6 hours a day for 7 days a week. With this loan Saurabh 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. Saurabh . has consented to pay the interest as below:

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

4.80%

8.64% APR

Platform
charges

3.20%

5.76% APR

Loan Details

The following section provides a detailed view of the investee loan requirement.

Loan
amount

40,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Others

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