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Babita Devi

#pioneer#resolute
Help Babita add a buffalo to her herd to fuel financial progress in her family

Agripreneur

Rudraprayag, Uttarakhand

40,000 has been disbursed

318 potential days of livelihood i

19,999.93 is the current outstanding balance

69.23 7.69 23.08 20000 6667 2222

69%

23%

8%


Babita Devi, a resident of Rudraprayag, Uttarakhand is ready to take a big step towards fulfilling her entrepreneurial ambitions. Babita is seeking credit to make an integral purchase of a buffalo to kickstart a dairy business. This is a part of her larger plans of bettering the quality of life for her family. She hopes to make an income by selling milk in her neighbourhood and the excess at the local milk corporation. Through this initiative, Babita hopes to ease the burden off the shoulders of her husband, Chandra, a graduate who also works to sustain the family. Invest in Babita today.

My dream is to start a dairy business.

About Babita Devi 's livelihood

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

40,000

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

 

A

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

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

86%

Repayments

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

- UMM

0 more to go -501 days remaining

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