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Kamla

Devi

Agripreneur

Rudraprayag, Uttarakhand

Loan Written Off

234 livelihood days

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Kamla

Devi

#mumpreneur# determined
Kamala Devi wins for her twins

Agripreneur

Uttarakhand

Loan Written Off

234 potential days of livelihood


About Kamla

Watching Kamala Devi on her farm is a sight for the eyes. She's a determined woman who spends six hours each day on her farm running her animal husbandry business. Sometimes, you can even catch her twin sons assisting her on the farm. Now though, Kamala is aware that her sons are growing up, and she is determined to provide good education for them so they can grow into successful professionals. Her investment is in a buffalo which she hopes will help her save money to support her sons and assist her husband Manoj, who’s a tailor. Invest in Kamala today!

About Kamla Devi's livelihood

Kamla is an agripreneur who works 6 hours a day for 6 days a week. With this loan Kamla will potentially obtain employment for 234 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Kamla Devi 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

18 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