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Jagat Singh

#driven#progressive
Support Jagat make a buffalo purchase so he can grow his income

Agripreneur

Rudraprayag, Uttarakhand

35,000 has been disbursed

318 potential days of livelihood i

3,890.72 is the current outstanding balance

99.99 0 0.01 31109 2 0

100%

0%

0%


In the mountains of Uttarakhand, lives Jagat Singh, a determined father who is working hard to diversify his income streams. Jagat is seeking credit which he plans to utilise for a buffalo purchase. Through this investment, he hopes to increase his income from the sales of milk. Jagat also dreams of starting an independent dairy business to better support the growing household expenses. In addition, Jagat hopes to empower his three children by putting them through a good education, so they too can become successful in their future endeavors. Invest in Jagat's plan for growth.

My dream is to start my own independent dairy business.

About Jagat Singh's livelihood

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

A

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

83%

Repayments

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

- UMM

0 more to go -695 days remaining

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