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Geeta Devi

#determined#industrious
Join hands with Geeta to purchase a mule as she launches a new business

Agripreneur

Rudraprayag, Uttarakhand

40,000 has been disbursed

318 potential days of livelihood i

17,779.3 is the current outstanding balance

90.9 0 9.1 22221 2224 0

91%

9%

0%


Geeta Devi, a resident of Rudraprayag, Uttarakhand is all set to launch her new business venture. She is a mother to 10-year-old Adarsh and 5-year-old Adithi and wife to Ranbeer Singh, who works in the agricultural sector. Geeta is now, seeking credit to finance the purchase of a mule. Mules are commonly used as a means of transport by residents in Rudraprayag. They are used very frequently to transport goods up the uneven terrains to Kedarnath by pilgrims. Geeta hopes to use her mule during this busy pilgrim season to make an income when the region welcomes many visitors. She also hopes to launch a mule rearing business in the future to sell mules to supplement the income from her transport business. The funds raised will enable her to construct a new house for her family. Support Geeta on her exciting venture today.

My dream is to construct a house for my family.

About Geeta Devi 's livelihood

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

 

B

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

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

91%

Repayments

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

- UMM

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