Jagpal Singh

#driven#progressive
Help Jagpal restock his store and soon open an even bigger store in Tilwara market

Retailpreneur

Rudraprayag, Uttarakhand

35,000 has been disbursed

318 potential days of livelihood i

23,333.3 is the current outstanding balance

100 0 0 11667 0 0

100%

0%

0%


About Jagpal Singh

Jagpal Singh is the owner of a small retail shop in his village in Uttarakhand. He earns his monthly income through the sales of various daily need items at his store. As a breadwinner, his income supports his two children and wife, Usha who works in the agricultural sector. Now, Jagpal is ready to make a key upgrade to his business of five years. He is seeking a loan to restock the items that are in most demand to increase his sales and attract more customers. By growing his income, Jagpal plans to set aside a fund to set up a store at the Tilwara market where there are even more customers. His dream is to grow his business and make it successful so he can better support his family. Invest in enterprising Jagpal today.

My dream is to grow and expand my business.

About Jagpal Singh 's livelihood

Jagpal is a retailpreneur who works 7 hours a day for 7 days a week. With this loan Jagpal 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.

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

Loan Details

The following section provides a detailed view of the investee loan requirement.

Loan
amount

35,000

Loan
tenure

18 months

Previous
loans

0

Investee
occupation

Retail store

Investee Credit Rating i :
Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

B

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

Co-curated and referred by our Impact Partner
Ushamath Mahila Mahasangh

Established in

2003

With Rang De from

2019

Founded by

Promoted by AT India Organization

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.

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