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Sudheer

Retailpreneur

Tikamgarh, Madhya Pradesh

273 livelihood days

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Sudheer

#determined#courageous
Invest in Sudheer to purchase more cloth materials for his apparel store.

Retailpreneur

Madhya Pradesh

273 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Sudheer

Sudheer is a resident of Tikamgarh, a city that serves as the central course for many farmers in the Hoshangabad region. Sudheer is a retailer of garments and accessories, and his business thrives on completing orders for clients within a particular deadline. Internally, Sudheer is a cautious soul and has plans of expanding his business by purchasing newer patterned cloth materials and embroidering them in order to get costs down and become more competitive in his field. If he receives a loan, he will be able to invest in purchasing a larger variety of cloth and start the second phase of his store's development. Invest in Sudheer!

About Sudheer 's livelihood

Sudheer is a retailpreneur who works 7 hours a day for 6 days a week. With this loan Sudheer will potentially obtain employment for 273 days.

Interest Rate

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

Retail store

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