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Jagbeer Singh

#passionate#skillful
Help techie Jagbeer launch his computer repair shop

Service Entrepreneur

Rudraprayag, Uttarakhand

25,000 has been disbursed

318 potential days of livelihood i

13,890.64 is the current outstanding balance

61.53 15.39 23.08 11109 4167 2780

62%

23%

15%


Jagbeer Singh is a humble father who is putting his technical skills to good use. The father of two wants to start a computer shop to provide the residents of Rudraprayag with a much-needed computer repair service. With growing users of computers and other electronic items, Jagbeer has seen potential in growing his business. The credit he receives will help him buy the necessary equipment, software, and spare electronics items to facilitate repairs. Invest in talented Jagbeer so he can support his family by putting his skills and passion to good use to serve Rudraprayag.

My dream is to start my own computer repair shop.

About Jagbeer Singh 's livelihood

Jagbeer is a service entrepreneur who works 7 hours a day for 7 days a week. With this loan Jagbeer 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

25,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Repair works

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

97%

Repayments

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

- UMM

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