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Sunil Kumar

Prajapti

Retailpreneur

Niwari, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Sunil Kumar

Prajapti

#determined#courageous
Support Sunil to expand his hardware shop and decorate it.

Retailpreneur

Madhya Pradesh

364 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Sunil Kumar

Sunil Kumar is a man of character and a hard worker. He is the owner of a small vehicle repair business in Niwari, Madhya Pradesh, where he lives with his family of four. Some years ago Sunil started his business with limited resources and support. His ability to provide the right service quality and the ability to add value to clients make his business successful. With the loan, he will buy more goods and make the shop more attractive to the customers. Invest in Sunil to expand his business and lead a quality life!

About Sunil Kumar Prajapti's livelihood

Sunil Kumar is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Sunil Kumar 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. Sunil Kumar Prajapti 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

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