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Satish

Sahu

Service Entrepreneur

Niwari, Madhya Pradesh

227 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Satish

Sahu

#growth#provider
Invest in Satish to purchase flour machine and decorate his flour mill.

Service Entrepreneur

Madhya Pradesh

227 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Satish

Satish is a hard-working man who is unceasing in his effort to contribute to the growth of his family's income. In order to help him reach his goal, Satish has opened his own flour mill in Niwari, where he lives with his family. Satish hopes to purchase a flour machine to help produce high-quality flour that he can sell throughout his region. With the additional income generated from these sales, Satish hopes to make improvements to his flour mill. Eventually, this will allow Satish to begin selling his flour products to his neighboring regions. With your support, Satish will be able to purchase a flour machine and decorate his flour mill. Support him financially now!

About Satish Sahu 's livelihood

Satish is a service entrepreneur who works 5 hours a day for 7 days a week. With this loan Satish will potentially obtain employment for 227 days.

Interest Rate

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

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