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Kamleswari Devi

#independent#selfless
Single mother Kamleswari is establishing a mule business for her three sons

Agripreneur

Rudraprayag, Uttarakhand

35,000 has been disbursed

273 potential days of livelihood i

29,166.65 is the current outstanding balance

33.33 33.33 33.33 5833 5833 5833

33%

33%

33%


Kamleswari Devi is a mother to three boys in their early twenties. With hard work and resilience, she has managed to put them all through school and is supporting their higher education as well. She has been working as a farmer and the income from her farming business has supported her family so far. She is now looking to grow her income by starting an additional mule rearing business. In Rudraprayag, mules are used as a means of transportation to navigate the mountainous terrain and this transportation business is especially profitable during the pilgrim season. She sees this step as just the start of what she hopes will be a successful mule rearing business. With many important life events ahead of her to support, Kamleshwari hopes to grow her income to ensure financial stability for her family. Support independent Kamleshwari as she wins for her sons.

My dream is to launch a mule rearing business.

About Kamleswari Devi's livelihood

Kamleswari is an agripreneur who works 6 hours a day for 7 days a week. With this loan Kamleswari will potentially obtain employment for 273 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

B

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

99%

Repayments

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

- UMM

0 more to go -438 days remaining

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