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Arti

Bhandari

Retailpreneur

Rudraprayag, Uttarakhand

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Arti

Bhandari

#selfless#humble
Enable Arti launch her retail business to support her family

Retailpreneur

Uttarakhand

273 potential days of livelihood

40,000 loan is fully repaid

40,000 loan is fully repaid


About Arti

Arti Bhandari is an aspiring businesswoman. She has been working as a farmer for the past four years but now wants to venture into a new trade, so she can grow her income. Her husband, Sajjan Singh works as a teacher in a nearby school. Arti is seeking credit to make the purchases of daily needs items to start a small retail business. By doing so, Arti hopes she will be able to attract customers who will then frequent her store to buy their daily needs. In the long run, she hopes to open and run a full-fledged retail store. Arti’s dream is to provide a good education for her children and to ensure that her family has access to good health facilities. Invest in selfless Arti today.

About Arti Bhandari's livelihood

Arti is a retailpreneur who works 6 hours a day for 7 days a week. With this loan Arti will potentially obtain employment for 273 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Arti Bhandari has consented to pay the interest as below:

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

5.00%

9.00% APR

Platform
charges

5.00%

9.00% 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

Investee
occupation

Retail store

Investee Credit Rating:
Good

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

Ushamath Mahila Mahasangh

   
Uttarakhand
Partner since 2019
Partner logo

About

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.

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.

Rupees Icon

Rs 43,90,000

Disbursed
User circle icon

127

Investees
Repayment icon

98.0%

Repayments
Left quotes

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

- UMM
RIght quotes
whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS