false
false 0 0 WBjiKnaPfn

Vipendra

Ahirwar

logoRetailpreneur

logo Tikamgarh, Madhya Pradesh

logo 40,000 has been disbursed

logo 364 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Vipendra

Ahirwar

#breadwinner#hardworking
Support Vipendra to purchase furniture for his apparel store.

logoRetailpreneur

logo Tikamgarh, Madhya Pradesh

logo 40,000 has been disbursed

logo 364 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

16,666.62 is
the current outstanding balance

87.5 0 12.5 23333 3333 0

88%

12%

0%


Vipendra is a local resident of Tikamgarh and is currently running an apparel store. Vipendra has been trying to better his business for the past few months, but due to the rise in expenses, his business has floundered. With the little savings he had saved, he decided to purchase some more clothes as per the customers' demands. He currently needs a loan so that he will be able to not only increase his store's inventory but will also be able to do some interior designing. He will get a few furniture required for his apparel store. Support Vipendra to make his business better!

I wish to expand my apparel business and renovate the shop.

About Vipendra Ahirwar's livelihood

Vipendra is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Vipendra will potentially obtain employment for 364 days.

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

Investee
pays The rate of interest charged to the investee

8.00% flat p.a.

14.40% APR

Social
Investor The rate of return an investor makes

3.20%

5.76% APR

Impact
Partner The rate of return an impact partner makes

up to 3.20%

5.76% APR

Platform
charges The charges, the platform incurs by offering it's services

1.60%

2.88% APR

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

Loan
amount

40,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Apparel store

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

Indian Micro Enterprises Development Foundation
   view website

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

Your Investees

Total Lives Impacted

0

Days of Livelihood

0