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#RootforRangDe

Rang De is India’s first social lending platform where you can invest in people from low income households and earn nominal - moderate returns.

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Anita Devi

#spirited#ambitious
Anita needs your support to buy a horse for her new business venture

Agripreneur

Rudraprayag, Uttarakhand

40,000 has been disbursed

318 potential days of livelihood i

26,666.62 is the current outstanding balance

85.71 0 14.29 13333 2222 0

86%

14%

0%


About Anita Devi

First-time borrower, Anita Devi is a resident of Rudraprayag, Uttarakhand. She is a mother to Ayush and Aman, young teenagers and a wife to Mukesh who is a graduate working in the agricultural sector. With growing expenses to meet, Anita has decided it is time to establish a new stream of income to fend for her family. She is thus seeking credit to buy a horse and use it to transport goods and people up the difficult and uneven terrain of Rudraprayag. With horses being an easy and accessible mode of transportation in Rudraprayag, she hopes to make a good income by using the horse during the busy pilgrim season. She hopes to better the quality of life for her family by ensuring a secure future. Invest in Anita today.

My dream is to start a horse rearing 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.

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

40,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

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

B

Financial
Profile i

B

Co-curated and referred by our Impact Partner

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

100%

Repayments

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

- UMM

0 more to go -313 days remaining

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