false 0 0

Balbeer Singh

#hardworker#passionate
Finance businessman Balbeer's food stall expansion

Food Entrepreneur

Rudraprayag, Uttarakhand

25,000 has been disbursed

364 potential days of livelihood i

9,722.21 is the current outstanding balance

84.62 0 15.38 15278 2778 0

85%

15%

0%


Balbeer Singh is shaping up his food stall into one of Rudraprayag's bustling hot spots. He is seeking credit to finance the purchase of materials needed to set up and enhance his stall. Balbeer is super enthusiastic about this step, as he sees it as a launchpad to his even bigger plan of running a full-fledged restaurant. With a family of four to support, including two young school going children, Balbeer is leaving no stone unturned to ensure he's able to achieve his goals. Invest to launch Balbeer the businessman.

My dream is to be a successful businessman.

About Balbeer Singh 's livelihood

Balbeer is a food entrepreneur who works 8 hours a day for 7 days a week. With this loan Balbeer will potentially obtain employment for 364 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

25,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Food stall

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

A

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

97%

Repayments

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

- UMM

0 more to go -582 days remaining

added to cart