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Surendra

Jha

Service Entrepreneur

Niwari, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Surendra

Jha

#positive#believer
Invest in Surendra to purchase iron sheets for his shop.

Service Entrepreneur

Madhya Pradesh

364 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Surendra

As a young man, Surendra had a burning desire to be his own boss. In order to pursue this dream, he faced many challenges, but none of them could stop him. After persevering for several years he was able to establish himself as the owner of an iron sheet shop. However, once his shop was up and running, he faced the problem of maintaining it. This loan will help Surendra purchase additional iron sheets and help him deliver the best products to his customers. He hopes that this loan will serve as the first step towards his brighter future. Start your journey towards becoming a successful entrepreneur by lending a hand towards his establishment, and helping him in achieving his dream of a prosperous business.

About Surendra Jha's livelihood

Surendra is a service entrepreneur who works 8 hours a day for 7 days a week. With this loan Surendra 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. Surendra Jha 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

Repair works

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