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Suresh Kumar Srivastava

#breadwinner#hardworking
Suresh wishes to avail a loan to grow his computer and printing business.

Service Entrepreneur

Niwari, Madhya Pradesh

50,000 has been disbursed

312 potential days of livelihood i

50,000 is the current outstanding balance


Suresh's dream is to educate his children and provide them with a higher standard of living. To make that dream a reality, he needs more income. By acquiring a loan and expanding his business, Suresh will be able to ensure his family's welfare. He will be able to purchase an additional computer for his store and help his customers by providing them with internet assistance and printing services. With your assistance, he will achieve his goal and make his family's dreams come true.

My dream is to enjoy a secure future with my family.

About Suresh Kumar Srivastava's livelihood

Suresh Kumar is a service entrepreneur who works 8 hours a day for 6 days a week. With this loan Suresh Kumar will potentially obtain employment for 312 days.

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

Investee
pays i

8.00% flat p.a.

14.40% APR

Social
Investor i

3.20%

5.76% APR

Impact
Partner i

up to 3.20%

5.76% APR

Platform
charges i

1.60%

2.88% APR

The following section provides a detailed view of the investee loan requirement.

Loan
amount

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Professional services

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit
bureau
score i

 

B

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

A

Indian Micro Enterprises Development Foundation

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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