false
false 0 0 lT75TNoiVb

Subash Chandra

Gaud

Service Entrepreneur

Basti, Uttar Pradesh

312 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4

Subash Chandra

Gaud

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Subash needs an electric furnace for his snacks making unit.

Service Entrepreneur

Uttar Pradesh

312 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Subash Chandra

Subash Chandra is a young man who has recently started an enterprise that manufactures snacks in Basti. His enterprise is relatively new, so he needs a small loan to purchase a furnace for his unit and the raw materials for his shop. Subash Chandra makes different types of snacks. He is currently using the traditional method of making snacks but with the help of this loan, he will be able to set up a small electric furnace for his units and have made his business more efficient. He also will be able to save time and labour as he can make his snacks faster and more efficiently. Also, he will be able to increase his income by a significant amount in the upcoming months as he builds his business further. Invest in Subash Chandra in his growing snack business.

About Subash Chandra Gaud's livelihood

Subash Chandra is a service entrepreneur who works 8 hours a day for 6 days a week. With this loan Subash Chandra will potentially obtain employment for 312 days.

Interest Rate

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

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS