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Vishal

Soni

Retailpreneur

Tikamgarh, Madhya Pradesh

312 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Vishal

Soni

#achiever#growth
Invest in Vishal to purchase new stocks and decorate his retail store.

Retailpreneur

Madhya Pradesh

312 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Vishal

Vishal is a young entrepreneur, with a retail shop in the city of Tikamgarh, Madhya Pradesh. He has been planning to expand his business for a long time, but due to the pandemic, arranging enough funds was difficult for him. Now, he is requesting a loan to stock up and decorate his store. This loan will help Vishal purchase more new stocks according to his customers' demands and buy better decor from the wholesale market to upgrade his store, attracting more customers. Invest in Vishal to run his business well and earn better profits!

About Vishal Soni's livelihood

Vishal is a retailpreneur who works 8 hours a day for 6 days a week. With this loan Vishal will potentially obtain employment for 312 days.

Interest Rate

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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Retail store

Investee Credit Rating:
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