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Geeta Devi

#pioneer#driven
Fund Geeta's buffalo purchase as she opens up a dairy business

Agripreneur

Rudraprayag, Uttarakhand

35,000 has been disbursed

318 potential days of livelihood i

17,499.95 is the current outstanding balance

75 0 25 17500 5833 0

75%

25%

0%


For fifteen years, Geeta Devi has been working tirelessly all seven days of the week on her farm. She has now decided to launch an animal husbandry business to supplement her current income. Geeta is a mother to three children who are all enrolled in school. Her husband Jagat, works as a labourer. Geeta is seeking a loan to buy a buffalo, the first of her livestock. She hopes to make an income out of selling the buffalo milk in her community. Her bigger plan is to open a full-fledged dairy shop to sell dairy products including milk. She hopes the revenue will support her family in the long run. Join Geeta on her purposeful journey today.

My dream is to open a dairy shop.

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

35,000

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

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

91%

Repayments

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

- UMM

0 more to go -563 days remaining

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