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Suneel

Ahirawar

Creative Entrepreneur

Tikamgarh, Madhya Pradesh

364 livelihood days

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Suneel

Ahirawar

#Positive#Provider
Invest in Suneel's embroidery unit.

Creative Entrepreneur

Madhya Pradesh

364 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Suneel

Suneel Ahirawar is a resident of Tikamgarh in Madhya Pradesh. Suneel has been running his own embroidery unit for the last five years and works as a tailor. This embroidery business is his only source of income to run his household; he also supports his family with this income. Self-employed people like Suneel face many hardships, as most finances have to be invested in the development of the business and in acquiring new equipment. With the help of this loan, Suneel will improve his embroidery unit with new machines and decoration material, thus improving the quality of his finished products. All of this will help him increase the income that he needs to provide for his family.

About Suneel Ahirawar's livelihood

Suneel is a creative entrepreneur who works 8 hours a day for 7 days a week. With this loan Suneel 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. Suneel Ahirawar 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

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Embroidery

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