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Shiv Prakash

Bind

Food Entrepreneur

Sant Ravidas Nagar, Uttar Pradesh

273 livelihood days

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Shiv Prakash

Bind

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Support Shiv Prakash as he purchases raw materials for his bakery.

Food Entrepreneur

Uttar Pradesh

273 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Shiv Prakash

Shiv Prakash Bind is a man with a big vision, and he not only dreams of prosperity but he works towards it every day. He and his family of five live in Sant Ravidas Nagar in Uttar Pradesh and run a bakery. He has been through the grind to ensure a stable and secure future for himself and his family. He needs a loan and it will be utilized to purchase ingredients for his bakery such as flour and other refined products. With more raw materials, he will be able to increase the production of bakery items and reach out to more customers. This will bring him more profits. Invest in Shiv Prakash and his dream to renovate his bakery in the future.

About Shiv Prakash Bind's livelihood

Shiv Prakash is a food entrepreneur who works 6 hours a day for 7 days a week. With this loan Shiv Prakash will potentially obtain employment for 273 days.

Interest Rate

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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Food 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