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Vikas Kumar

Saroj

Service Entrepreneur

Sant ravi das nagar, Uttar Pradesh

50,000 has been disbursed

195 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4

Vikas Kumar

Saroj

#positive#believer
Invest in Vikas to purchase a loader for his transport services business.

Service Entrepreneur

Uttar Pradesh

50,000 has been disbursed

195 potential days of livelihood

8,319.8 is
the current outstanding balance

83.36 0 0 16.64 41680 0 0 8320

83%

0%

0%

17%


About Vikas Kumar

Vikas is a resident of Sant Ravi Das Nagar, a hard-working man who runs transport services. His overall income is generated by the income he earns from transporting goods with his pickup. He is requesting a loan to buy a new loader in order to maximize his income and help him in generating higher revenue. In his present position, he has shown himself to be an industrious, responsible, and trustworthy individual. Please invest in him to help him build a brighter future for his children by helping him with the loan for the purchase of the new loader.

About Vikas Kumar Saroj's livelihood

Vikas Kumar is a service entrepreneur who works 5 hours a day for 6 days a week. With this loan Vikas Kumar will potentially obtain employment for 195 days.

Interest Rate

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

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Transport 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