false
false 0 0 MiHUc711yV

ASHA

DEVI

Agripreneur

Rudraprayag, Uttarakhand

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4

ASHA

DEVI

#pioneer#inspirational
Support Asha buy a mule and make an income during the pilgrim season

Agripreneur

Uttarakhand

273 potential days of livelihood

40,000 loan is fully repaid

40,000 loan is fully repaid


About ASHA

Businesswoman Asha Devi is full of spirit as she talks about the launch of a new business. She is seeking credit to finance the purchase of a mule. Mules are often used in Rudraprayag during the pilgrim season to transport goods up the difficult terrain. Asha intends to make use of her mule to aid devotees who make their trek to Kedarnath. She hopes to make enough revenue to start a mule rearing business in her village. By growing her income, Asha will be able to share the role of a breadwinner with her husband, Trilok Singh who earns a minimal income working as a farmer. She will also be able to better the quality of life for her two young children so they can enjoy a successful future. Invest in Asha today.

About ASHA DEVI's livelihood

ASHA is an agripreneur who works 6 hours a day for 7 days a week. With this loan ASHA 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. ASHA DEVI 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

Animal husbandry

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