Uday is a sales engineer by profession. He has been saving for quite a while to buy a new house in a better locality. With the pandemic in effect, he had to use up his savings to make dues with the expenditures. Uday seeks a loan to get on with his plan to shift to a new place. This loan will not only help him fulfil his immediate need but also provide him with the opportunity to seek formal credit in the future. Invest in Uday as he builds a new abode.
The interest rate charged is split into returns for the social investor and charges incurred by the platform.
Investee
pays
2.00% flat p.a.
3.60% APR
Social
Investor
2.00%
3.60% APR
Platform
charges
0.00%
0.00% APR
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 75,000
Loan
tenure
24 months
Moratorium
None
Repayment
mode
EMI
Investee
occupation
Others
I'm an engineer by qualification and I am the managing director at Yash Diesel Equipments Private Limited, a company involved in distribution of Bosch Automotive products in the North Maharashtra region. I live in Jalgaon but am presently stationed in Nashik. I love helping people and I believe in extending loans to needy people instead of giving them gratuity or donation.
Uday is a sales engineer by profession. He has been saving for quite a while to buy a new house in a better locality. With the pandemic in effect, he had to use up his savings to make dues with the expenditures. Uday seeks a loan to get on with his plan to shift to a new place. This loan will not only help him fulfil his immediate need but also provide him with the opportunity to seek formal credit in the future. Invest in Uday as he builds a new abode.
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