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Shailendra

Singh Bundela

logoRetailpreneur

logo Jhansi, Uttar Pradesh

logo 50,000 has been disbursed

logo 364 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Shailendra

Singh Bundela

#Optimistic#resilient
Support Shailendra's grocery store.

logoRetailpreneur

logo Jhansi, Uttar Pradesh

logo 50,000 has been disbursed

logo 364 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

29,166.45 is
the current outstanding balance

100 0 0 20834 0 0

100%

0%

0%


Shailendra is a hard-working person who knows perseverance and never gives up in the face of challenges. He lives in Jhansi, a small city known for its arts, history and culture that attracts thousands of tourists to it every year. Shailendra is a grocery store owner and his wife helps him manage the store. This loan will help him increase the supply of essentials and build a steady customer base. Having basics in stock is what will keep customers coming back to his store. The additional income that this loan will provide will also help Shailendra give a boost to his family's income. Have your own share in supporting Shailendra's mission of selling goods to customers and enabling him to contribute to the growth of his business.

I wish to secure the future of my family.

About Shailendra Singh Bundela's livelihood

Shailendra is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Shailendra will potentially obtain employment for 364 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

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Retail store

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