Anil Kumar

#untiring#diligent
Invest in Anil has he ventures out to start a mule rearing business

Agripreneur

Rudraprayag, Uttarakhand

35,000 has been disbursed

318 potential days of livelihood i

29,167.01 is the current outstanding balance

100 0 0 5833 0 0

100%

0%

0%


About Anil Kumar

Mules are relatively common in mountainous areas like Rudraprayag. They are reared because of their demand as a means to transport luggage and other goods. Anil Kumar has seen opportunity in this space and is seizing it by launching a mule rearing business. He is seeking credit to purchase his first mule. With two young children Adhi and Adhiti to support, Anil is determined to master this business and grow his income, so he can support a better quality of life for his family. He hopes that his plan will take off putting him on the path of entrepreneurial success.

My dream is to start a mule rearing business.

About Anil Kumar's livelihood

Anil is an agripreneur who works 7 hours a day for 7 days a week. With this loan Anil will potentially obtain employment for 318 days.

Interest Rate
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

5.0%

9.0% APR

Impact
Partner i

up to 5.0%

9.0% APR

Platform
charges i

0.0%

0.0% APR

Loan Details

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

Loan
amount

35,000

Loan
tenure

18 months

Previous
loans

0

Investee
occupation

Animal husbandry

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

B

The rating is derived from the following data points.

Credit
bureau
score i

No credit history available

 

Rang De confidence score

 i


B


×

Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

B

Co-curated and referred by our Impact Partner
Ushamath Mahila Mahasangh

Established in

2003

With Rang De from

2019

Founded by

Promoted by AT India Organization

UMM is an apex federation of women SHGs established in 2005, registered under Uttrakhand self-reliant cooperative act 2003, to meet the financial service needs of the poor living in one of the most underserved areas of Uttrakhand. UMM's mandate has been to focus on solutions that provide direct socio economic improvement to the marginalized and low-income households. AT India and UMM work in a predominantly rural, hill-based economy. There are limited avenues to credit access and lack of sustainable livelihood sources in these regions.

0 more to go -244 days remaining

added to cart

VIEW CART