false
false 0 0 lwuySFzPXF

Shatrughan

Vanshkar

logoRetailpreneur

logo Tikamgarh, Madhya Pradesh

logo 30,000 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 b-img

Shatrughan

Vanshkar

#positive#passionate
Support Shatrughan to stock up his Kirana store and start a counter.

logoRetailpreneur

logo Tikamgarh, Madhya Pradesh

logo 30,000 has been disbursed

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

12,490.2 is
the current outstanding balance

100 0 0 17510 0 0

100%

0%

0%


Shatrughan Vanshkar is a resident of Tikamgarh, a city that serves as an economic hub to the nearby villages.  He operates a Kirana store, popular among the local population. His long years of experience have made him a shrewd businessman. It has taken him a lot of effort to reach where he is today, but at this juncture he needs some financial assistance to take his business to the next level. A loan will help him increase his stock and start a counter. With your assistance, Shatrughan's business will grow and more people will be able to utilize his products and services. Contribute to Shatrughan's story by supporting his mission of owning a commercial property.

I wish to enjoy a secure future with my family.

About Shatrughan Vanshkar's livelihood

Shatrughan is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Shatrughan 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

30,000

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