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Shivam

Kushwaha

Food Entrepreneur

Jhansi, Uttar Pradesh

364 livelihood days

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Shivam

Kushwaha

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Shivam needs to purchase essential raw materials for his food stall and decorate it.

Food Entrepreneur

Uttar Pradesh

364 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Shivam

Shivam, a resident of Jhansi has been running his own food stall for the past four years. He, along with his family, has been working hard to ensure that he provides the best quality food to his customers. He always wanted to improve his business, but lacked funds. The loan from Rang De will enable him to purchase essential raw materials for making different varieties of food. With the support of this loan, he will be able to get his business up and running with new and improved items in the food stall, which will attract many customers. Invest in Shivam as he hopes for a better income!

About Shivam Kushwaha's livelihood

Shivam is a food entrepreneur who works 8 hours a day for 7 days a week. With this loan Shivam will potentially obtain employment for 364 days.

Interest Rate

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

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