false
false 0 0 dpCh1UBqUk

Sunil

Retailpreneur

Tikamgarh, Madhya Pradesh

390 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Sunil

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

Retailpreneur

Madhya Pradesh

390 potential days of livelihood

25,000 loan is fully repaid

25,000 loan is fully repaid


About Sunil

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.

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.

Interest Rate

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

25,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Retail store

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

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.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS