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Jeetpal

Singh

Agripreneur

Rudraprayag, Uttarakhand

227 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4

Jeetpal

Singh

#spirited#tireless
Support Jeetpal as he buys a buffalo to start his entrepreneurial journey

Agripreneur

Uttarakhand

227 potential days of livelihood

35,000 loan is fully repaid

35,000 loan is fully repaid


About Jeetpal

Hailing from Rudraprayag, Jeetpal Singh has 15 years of farming experience behind him. Now, Jeetpal wants to make good use of his savings of rupees 30,000 and has decided to purchase a buffalo. In order to fund this purchase, Jeetpal is seeking an additional loan of rupees 35,000. The buffalo will enable Jeetpal to make better financial returns through the sales of milk to the local corporation. This will help Jeetpal better support his wife Sarojani who works in the agricultural sector, as they both save up to start a dairy business, a dream venture for Jeetpal. The dairy business will supplement Jeetpals’s farming business enabling him to fend for his small family as he makes financial progress. Invest in Jeetpal so his dream venture can come to life.

About Jeetpal Singh 's livelihood

Jeetpal is an agripreneur who works 7 hours a day for 5 days a week. With this loan Jeetpal will potentially obtain employment for 227 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Jeetpal Singh has consented to pay the interest as below:

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

5.00%

9.00% APR

Platform
charges

5.00%

9.00% APR

Loan Details

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

Loan
amount

35,000

Loan
tenure

10 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Animal husbandry

Investee Credit Rating:
Good

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

Ushamath Mahila Mahasangh

   
Uttarakhand
Partner since 2019
Partner logo

About

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.

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.

Rupees Icon

Rs 43,90,000

Disbursed
User circle icon

127

Investees
Repayment icon

98.0%

Repayments
Left quotes

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

- UMM
RIght quotes
whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS