false
false 0 0 jfQlRMoLZn

Sikendar

Maurya

logoCreative Entrepreneur

logo Sant Ravidas Nagar, Uttar Pradesh

logo 50,000 has been disbursed

logo 455 livelihood days i

b-img b-img b-img

Sikendar

Maurya

#breadwinner#hardworking
Support Sikendar Maurya to purchase quality inputs and tools.

logoCreative Entrepreneur

logo Sant Ravidas Nagar, Uttar Pradesh

logo 50,000 has been disbursed

logo 455 potential days of livelihood i

37,494.65 is
the current outstanding balance

100 0 0 12505 0 0

100%

0%

0%


Sikendar Maurya is a hard-working man who runs a handloom business that produces hand-loom products, and the demand for his products is increasing by the day. In fact, He is known for the quality of his handmade goods. He does not lack customers, but he does lack quality in his products. He's looking to raise a loan to purchase machines and support his handicraft business. With an investment in Sikendar, you'll be enabling him to purchase machines and the raw materials required for the production of quality handloom goods. Invest in Sikendar as he builds upon his hand-loom business, advances his business ventures, and expands his services to the people in India.

I wish to run a renowned handicraft business.

About Sikendar Maurya's livelihood

Sikendar is a creative entrepreneur who works 10 hours a day for 7 days a week. With this loan Sikendar will potentially obtain employment for 455 days.

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

Investee
pays i

8.00% flat p.a.

14.40% APR

Social
Investor i

3.20%

5.76% APR

Impact
Partner i

up to 3.20%

5.76% APR

Platform
charges i

1.60%

2.88% APR

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 i

Investee
occupation

Handicrafts

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit bureau score i

 

C

Rang De confidence score

 i


B

Partner Rating i

B

Loan Profile i

A

Financial Profile i

A

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