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S Athiban

Prakasam

Food Entrepreneur

Virudhunagar, Tamil Nadu

455 livelihood days

Borrower Image 1 Borrower Image 2

S Athiban

Prakasam

#dedicated#believer
Athiban is keen to purchase a two pan biomass stove for his restaurant.

Food Entrepreneur

Tamil Nadu

455 potential days of livelihood

28,500 loan is fully repaid

28,500 loan is fully repaid


About S Athiban

Athiban Prakasam is a young man who runs a small restaurant in Virudhunagar, Tamil Nadu. It has been over three years since he has been in business. His business is located near a busy market so he believes that once his business rises, he would be able to get more customers and generate more income for him to expand his business more and make it more secure. Now, he is looking for a loan to purchase a two-pan Pyro biomass stove to expand his food business. This will enable him to save fuel and cut down the expenses. Invest in Athiban Prakasam so that he can buy a new stove and raise his business to even greater heights.

About S Athiban Prakasam's livelihood

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

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. S Athiban Prakasam has consented to pay the interest as below:

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

8.00%

14.40% APR

Platform
charges

0.00%

0.00% APR

Loan Details

The following section provides a detailed view of the investee loan requirement.

Loan
amount

28,500

Loan
tenure

8 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Food stall

Investee Credit Rating:
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

Sustaintech India Private Limited
   
Partner logo

Established in

2009

With Rang De from

2022

Founded by

Svati Bhogle

Sustaintech mission is to promote rapid adoption of sutainable energy related technologies and products-primarily fuel-efficient commercial cook stoves.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS