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Suresh

Kumar

Service Entrepreneur

Jhansi, Uttar Pradesh

364 livelihood days

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Suresh

Kumar

#provider#go-getter
Suresh needs credit to expand his internet center.

Service Entrepreneur

Uttar Pradesh

364 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Suresh

Suresh is a resident of Jhansi, a professional services executive, and an internet expert. In the spirit of reaching out to the masses in the city, he has established an internet center in his locality. With this loan, he will be able to expand his internet center, making it more accessible and convenient for the people of his community. With your help, Suresh will be able to reach out to many more people with his wonderful endeavor, providing more services to the customers, making a significant impact on their lives. Support him now!

About Suresh Kumar's livelihood

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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Professional services

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