Yogendra is a hardworking man who provides for his family by running a repair shop. He works every day with great determination. To make his business more successful, Yogendra will purchase materials and renovate his repair shop. With the assistance of a loan, he feels confident that his business will grow and his hard work will pay off. Help Yogendra develop his expanding business by investing in him today.
Yogendra is a retailpreneur who works 7 hours a day for 7 days a week. With this loan Yogendra 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. Yogendra Gupta 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
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 50,000
Loan
tenure
12 months
Moratorium
None
Repayment
mode
EMI
Investee
occupation
Retail store
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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