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Vishal

Paswan

logoService Entrepreneur

logo Bahraich, Uttar Pradesh

logo 40,000 has been disbursed

logo 318 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Vishal

Paswan

#Ambitious#Persistent
Support Vishal's electronic store.

logoService Entrepreneur

logo Bahraich, Uttar Pradesh

logo 40,000 has been disbursed

logo 318 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

30,000.27 is
the current outstanding balance

100 0 0 10000 0 0

100%

0%

0%


Vishal Paswan is an entrepreneurial man from the district of Bahraich. Vishal started a professional services company about two years ago and was able to earn sufficient profit owing to his hard work and determination to succeed. He now wishes to expand his electronic store, by investing in raw materials such as wires, switches, bulbs and fan blades. This will increase his household income and assist him in providing better opportunities for his family.

I wish to become a successful entrepreneur.

About Vishal Paswan's livelihood

Vishal is a service entrepreneur who works 7 hours a day for 7 days a week. With this loan Vishal will potentially obtain employment for 318 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

Professional services

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.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0