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Yuvaraj

Janakiraman

logoFood Entrepreneur

logo Tiruvannamalai, Tamil Nadu

logo 13,500 has been disbursed

logo 312 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Yuvaraj

Janakiraman

#ambitious#achiever
Yuvaraj is keen to use biomass stove in his restaurant.

logoFood Entrepreneur

logo Tiruvannamalai, Tamil Nadu

logo 13,500 has been disbursed

logo 312 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

2,507.88 is
the current outstanding balance

100 0 0 10992 0 0

100%

0%

0%


Yuvaraj is the owner of a restaurant in Tiruvannamalai, Tamil Nadu. He currently cooks on a normal stove and this needs a lot of investment from him. It's less efficient and he has to spend a lot on fuels too. With a better understanding and the benefits of using it, Yuvaraj decided to purchase a biomass stove for his restaurant. This will enable him to reduce fuel costs and also it will not emit smoke in the kitchen. Invest in Yuvaraj as he becomes familiar with the benefits of using biomass stoves in his restaurant and wishes to change his business model by using one.

I wish to open another branch of my restaurant.

About Yuvaraj Janakiraman's livelihood

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

8.00%

14.40% APR

Impact
Partner The rate of return an impact partner makes

up to 0.00%

0.00% APR

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

0.00%

0.00% APR

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

Loan
amount

13,500

Loan
tenure

4 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Food 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.

Sustaintech India Private Limited
   

Established in

2009

With Rang De from

2022

Founded by

Svati Bhogle

Sustaintech mission is to promote rapid adoption of sutainable energy related technologies and products-primarily fuel-efficient commercial cook stoves.

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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0