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Anita Devi

#determined#zealous
Join hands with Anita as she kick-starts a dairy business through a buffalo purchase

Agripreneur

Rudraprayag, Uttarakhand

35,000 has been disbursed

318 potential days of livelihood i

19,444.4 is the current outstanding balance

72.73 9.09 18.18 15556 3889 1944

73%

18%

9%


For fifteen years, Anita Devi has been working hard on her farm to support her family and save up funds for her future. The industrious mother spends seven hours each day of the week on her farm. Now, having saved rupees 25,000 from her farming business, Anita is seeking an additional loan of rupees 35,000 to finance the purchase of a buffalo. She hopes to sell the buffalo milk to the local corporation in her village to grow her monthly income so she can better support her husband, Devi Prasad and son, Vinod. Her dream is to then use the funds from this business to open a full-fledged dairy business in Rudraprayag. Invest in Anita so she can fly her kite of success.

My dream is to start my own dairy business.

About Anita Devi 's livelihood

Anita is an agripreneur who works 7 hours a day for 7 days a week. With this loan Anita 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.

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

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

Loan
amount

35,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Animal husbandry

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

No credit history available

 

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

A

Ushamath Mahila Mahasangh

Uttarakhand
Partner since 2019

About

UMM works with women SHG groups in the remotest parts of Uttarakhand. To stop the tremendous migration of people from this region, UMM works to build self-sufficient entrepreneurs from the community.

Impact Narrative

The difficult terrain and extreme weather of Uttarakhand makes it an arduous task for the people of the state to access financial services. The partnership between Rang De and UMM works towards bridging this gap.

Rs 43,90,000

Disbursed

127

Investees

96%

Repayments

We have partnered with Rang De to ensure financial inclusion to the most excluded communities of Uttarakhand.

- UMM

0 more to go -549 days remaining

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