false
false 0 0 WhD1CeDSuo

Surendra

Jha

logoService Entrepreneur

logo Niwari, Madhya Pradesh

logo 20,000 has been disbursed

logo 364 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Surendra

Jha

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

logoService Entrepreneur

logo Niwari, Madhya Pradesh

logo 20,000 has been disbursed

logo 364 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

6,664.8 is
the current outstanding balance

100 0 0 13335 0 0

100%

0%

0%


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.

I wish to build a big house for my family.

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.

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

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Repair works

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.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0