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Anita Devi

#selfless#humble
Support Anita purchase a vehicle to provide cab services

Service Entrepreneur

Rudraprayag, Uttarakhand

50,000 has been disbursed

318 potential days of livelihood i

19,444.42 is the current outstanding balance

84.62 0 15.38 30556 5556 0

85%

15%

0%


Anita Devi and her husband Charan have been working in the farming sector for the last ten years supporting their family of five. They have been saving up to start an additional venture to supplement their existing livelihood, and are now ready to take the leap forward. Anita is seeking a loan of rupees fifty thousand to add to their savings of rupees three lakhs to buy a second-hand vehicle. The car will be used by Charan to provide cab services around their town, Rudraprayag. They hope that this new venture will substantially increase their monthly income and enable them to better the quality of life for their young children. Invest to support this couple’s dream today.

I dream of buying a second-hand vehicle for my husband.

About Anita Devi 's livelihood

Anita is a service entrepreneur 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

50,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Others

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

B

Financial
Profile i

B

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

86%

Repayments

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

- UMM

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