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Balbeer

Singh

logoFood Entrepreneur

logo Rudraprayag, Uttarakhand

logo 364 livelihood days i

b-img b-img b-img b-img b-img

Balbeer

Singh

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

logoFood Entrepreneur

logo Rudraprayag, Uttarakhand

logo 364 potential days of livelihood i

25,000 loan is fully repaid

25,000 loan is fully repaid


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

10.00% flat p.a.

18.00% APR

Social
Investor i

5.00%

9.00% APR

Impact
Partner i

up to 5.00%

9.00% APR

Platform
charges i

0.00%

0.00% 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 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.

Rs 43,90,000

Disbursed

127

Investees

98.0%

Repayments

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

- UMM
whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0