false
false 0 0 VPoANfA5Tz

Subhash

Ganesh

logoRetailpreneur

logo Kishan Ganj, Bihar

logo 30,000 has been disbursed

logo 409 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img b-img

Subhash

Ganesh

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Support Subhash to purchase a tailoring machine and other essential items for stitching.

logoRetailpreneur

logo Kishan Ganj, Bihar

logo 30,000 has been disbursed

logo 409 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

14,981.39 is
the current outstanding balance

100 0 0 15019 0 0

100%

0%

0%


Subhash is a part of the apparel stitching business where he stitches men's apparel and earns a huge profit. Subhash has ambitions to expand his business by laying out new ways of reaching out to his customers and establishing a strong clientele. However, he is lacking the funds to meet his credit needs. With the support of this loan, Subhash will be able to purchase a tailoring machine and other essential items for his tailoring business. This way he will be able to take up more orders and deliver them on time. He will also use some money to decorate his shop. Invest in Subhash to run his business successfully!

I wish to start a big tailoring shop and hire employees.

About Subhash Ganesh's livelihood

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

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

Investee
pays The rate of interest charged to the investee

8.00% flat p.a.

14.40% APR

Social
Investor The rate of return an investor makes

3.20%

5.76% APR

Impact
Partner The rate of return an impact partner makes

up to 3.20%

5.76% APR

Platform
charges The charges, the platform incurs by offering it's services

1.60%

2.88% APR

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 Equated Monthly Instalment

Investee
occupation

Apparel store

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

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