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Shyamdhar

Bind

Service Entrepreneur

Sant Ravi Das Nagar, Uttar Pradesh

409 livelihood days

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Shyamdhar

Bind

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Support Shyam Dhar to buy raw materials for making carpets.

Service Entrepreneur

Uttar Pradesh

409 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Shyamdhar

Shyam Dhar is a resident of Sant Ravi Das Nagar in the state of Uttar Pradesh who is a trader of carpets. He lives with seven members of his family and has about eight years of experience in this profession. In order to fulfill his family's financial needs, he works hard every day. Now, he wishes to expand his business by purchasing more raw materials for making the carpets. He needs a loan for the same and he will use it to purchase threads, wires, and other weaving materials. This will enable him to make more beautiful carpets and gain more profits. Invest in him now!

About Shyamdhar Bind's livelihood

Shyamdhar is a service entrepreneur who works 9 hours a day for 7 days a week. With this loan Shyamdhar will potentially obtain employment for 409 days.

Interest Rate

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

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