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Sunil

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logoRetailpreneur

logo Tikamgarh, Madhya Pradesh

logo 25,000 has been disbursed

logo 390 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Sunil

-

#Hardworking# Ambitious
Sunil is looking to expand his retail store.

logoRetailpreneur

logo Tikamgarh, Madhya Pradesh

logo 25,000 has been disbursed

logo 390 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

14,550.36 is
the current outstanding balance

100 0 0 10450 0 0

100%

0%

0%


Sunil lives in the district of Tikamgarh in Madhya Pradesh. He runs a retail store in the area, which he has been doing for the past 5 years. Sunil is the sole earning member of his family. He lives with his wife, two children, and his aged mother. Sunil wants to expand his retail business but is short on cash. This loan will provide the support needed to achieve this goal. Get Sunil's retail business off to a strong start so he can cater to more customers, sell more products, and construct a new building for his family.

I wish to build a big house for my family.

About Sunil - 's livelihood

Sunil is a retailpreneur who works 10 hours a day for 6 days a week. With this loan Sunil will potentially obtain employment for 390 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

25,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Retail 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.

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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0