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Deepa

Devi

Agripreneur

Rudraprayag, Uttarakhand

40,000 loan needed

318 livelihood days

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

Deepa

Devi

#persevering#determined
Enable Deepa launch a new animal husbandry business to grow her income

Agripreneur

Uttarakhand

40,000 loan needed

318 potential days of livelihood

Deepa Devi's loan is cancelled and investments shall be reverted.


About Deepa

Mother turned businesswoman, Deepa Devi is bracing for a change in trade. With a toddler in their midst, her husband, Jeetpal Singh works hard to contribute to the family income. Determined, Deepa now wishes to increase the revenue of her household by starting her animal husbandry business. Having had worked on a farm, she has managed to save a small fund of Rupees 5000. She wishes to supplement this with a loan of Rupees 40,000 to fulfil the purchase of a buffalo. Deepa intends to make an income by selling milk in her neighbourhood and the excess at the local milk federation in her village. She hopes to then further expand the business to ease the financial stress off her husband's shoulders. Deepa also looks forward to setting aside an amount from her monthly revenue for the construction of her dream house. Invest in aspirational Deepa today.

About Deepa Devi's livelihood

Deepa is an agripreneur who works 7 hours a day for 7 days a week. With this loan Deepa will potentially obtain employment for 318 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Deepa 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