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Sanjay

Singh

Retailpreneur

Nainital, Uttarakhand

455 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Sanjay

Singh

#courageous#gogetter
Sanjay needs credit to expand his retail business.

Retailpreneur

Uttarakhand

455 potential days of livelihood

75,000 loan is fully repaid

75,000 loan is fully repaid


About Sanjay

Sanjay lives with a family of four. His mother has been working all her live to provide her sons with a good future. With both his brothers working, Sanjay to contribute to the family income, thereby taking the burden off his mother's shoulders. He owns a business in Nanital, Uttarakhand. He is looking to expand the business. Expanding the business would mean a higher income for the family. He wishes to use this credit to invest in several raw materials and accessories for his shop. He wishes to provide his siblings with a good future by making his business accessible to all the people in his city. This credit would help in making his dreams come true.

About Sanjay Singh's livelihood

Sanjay is a retailpreneur who works 10 hours a day for 7 days a week. With this loan Sanjay will potentially obtain employment for 455 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Sanjay Singh has consented to pay the interest as below:

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

4.00%

7.20% APR

Platform
charges

6.00%

10.80% APR

Loan Details

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

Loan
amount

75,000

Loan
tenure

24 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Retail store

Investee Credit Rating:
Adequate

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

Udhyam Housed Under Agrani India Foundation
   view website
Partner logo

Established in

2017

With Rang De from

2020

Founded by

Pankaj Wadhwa

Udhyam Entrepreneurs' rural entrepreneurship program was conceived by the people working in Uttarakhand to encourage entrepreneurial development in rural communities of the Kumaon region of Uttarakhand. The idea behind the “Changemakers” program is to create entrepreneurs who create jobs and opportunities through mentoring and providing credit. As change agents, they facilitate this idea by being the drivers of change, further in their communities by creating a buzz about entrepreneurship and role models in the community.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS