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false 0 0 dDexjPxGuv

Saurabh

.

logoService Entrepreneur

logo Jhansi, Uttar Pradesh

logo 40,000 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

Saurabh

.

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

logoService Entrepreneur

logo Jhansi, Uttar Pradesh

logo 40,000 has been disbursed

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

36,666.4 is
the current outstanding balance

100 0 0 3334 0 0

100%

0%

0%


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.

My dream is to enjoy a secure future with my family.

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.

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

4.80%

8.64% 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

0.00%

-0.00% APR

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 Equated Monthly Instalment

Investee
occupation

Others

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.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0