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Sheesh Chandra

Shukla

Retailpreneur

Basti, Uttar Pradesh

455 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Sheesh Chandra

Shukla

#Hardworker# hustler
Sheesh Chandra needs funds to expand his apparel store.

Retailpreneur

Uttar Pradesh

455 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Sheesh Chandra

Sheesh Chandra Shukla has been a cloth merchant for the past three years and has been doing moderately well. His family consists of five members. He owns an apparel store that stocks various items of work wear such as shirts, trousers, saress, dresses for all age groups. However, his needs for the business remain unfulfilled due to limited cash in hand. He is looking to expand his business further with an investment of Rs.50000/- to purchase a new rack and additional stocks, but he needs a loan to make this happen. Invest in Sheesh Chandra Shukla as he invests in his business and provides for a secure future for his family.

About Sheesh Chandra Shukla's livelihood

Sheesh Chandra is a retailpreneur who works 10 hours a day for 7 days a week. With this loan Sheesh Chandra will potentially obtain employment for 455 days.

Interest Rate

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

Retail store

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