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Vishnu

logoRetailpreneur

logo Jhansi, Uttar Pradesh

logo 30,000 has been disbursed

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

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Vishnu

#passionate#hustler
Invest in Vishnu to expand his apparel store by purchasing more clothes.

logoRetailpreneur

logo Jhansi, Uttar Pradesh

logo 30,000 has been disbursed

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

4,993.8 is
the current outstanding balance

100 0 0 25006 0 0

100%

0%

0%


Vishnu lives with his family of four in Jhansi, Uttar Pradesh. He has been running an apparel store for over six years and this is the major source of income for his family. But the pandemic made it hard for him to run his business and his business was almost stopped. Now, he slowly started having customers back and earning little. He wishes to stock up his store by purchasing more new varieties of clothes to deliver to the customers. Support Vishnu financially now!

I wish to become a successful entrepreneur.

About Vishnu 's livelihood

Vishnu is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Vishnu 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

30,000

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