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Anil Kumar

#gogetter#ambitious
Invest in Anil to enable him to construct a store and stock it up.

Retailpreneur

Bhowali, Uttarakhand

50,000 has been disbursed

819 potential days of livelihood i

43,749.98 is the current outstanding balance

75 0 25 6250 2083 0

75%

25%

0%


A resident of Uttarakhand and an entrepreneur Anil Kumar is planning a massive set up his retail store. With six years of experience in farming and government services, he is now ready to propel his business into a new phase of growth. The loan will be utilized to fund the construction of a building for his store, as well as to establish partnerships with suppliers, and stock up good quality products. Unemployment is a problem in Bhowali and Anil is driven to create as many employment opportunities as he can through his business. His dream is to open a large department store that will cater to all the supplies needed by local residents, and also create a significant number of employment opportunities. Invest in pioneering Anil and watch him uplift his community as he soars.

I wish to start an aquarium business.

About Anil Kumar's livelihood

Anil is a retailpreneur who works 18 hours a day for 7 days a week. With this loan Anil will potentially obtain employment for 819 days.

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays i

10.0% flat p.a.

18.0% APR

Social
Investor i

4.0%

7.2% APR

Impact
Partner i

up to 5.0%

9.0% APR

Platform
charges i

1.0%

1.8% APR

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

Loan
amount

50,000

Loan
tenure

24 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Retail store

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit
bureau
score i

 

A

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

A

Udhyam housed under Agrani India Foundation

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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