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Vinod

.

Retailpreneur

Jhansi, Uttar Pradesh

455 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Vinod

.

#Hardworking
Vinod needs assistance to purchase inputs for retail store.

Retailpreneur

Uttar Pradesh

455 potential days of livelihood

25,000 loan is fully repaid

25,000 loan is fully repaid


About Vinod

Vinod has a small retail shop for the past 3 years. His diligence and hard work have helped him earn a lot of profit. He wants to utilise extra income for expansion of his business and to double his profit. He is assisted by his wife in the retail business. Vinod's goal is to expand his business and bring about a change in the quality of his life. He has the drive to achieve it. With his wife's help and support, he has been able to make a decent profit from his business. With the help of the loan, he is looking to expand his business. Invest in vinod today!

About Vinod . 's livelihood

Vinod is a retailpreneur who works 10 hours a day for 7 days a week. With this loan Vinod will potentially obtain employment for 455 days.

Interest Rate

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

25,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Retail store

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.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS