Kavinder Singh

#hardworking#resilient
Kavinder wishes to purchase tools to provide efficient electrical services.

Service Entrepreneur

Bageshwar, Uttarakhand

75,000 loan needed

390 potential days of livelihood i

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About Kavinder Singh

Kavinder lives in Bageshwar, Uttarakhand where he is an entrepreneur. He receives income from running a small electronic store. He is looking to expand this business so that he can enhance his livelihood. He wishes to use this credit for purchasing electronics and other accesories for his store. His income will help provide for the needs of his parents. Invest in Kavinder so that he can expand his business.

I wish to successfully expand my business.

About Kavinder Singh's livelihood

Kavinder is a service entrepreneur who works 10 hours a day for 6 days a week. With this loan Kavinder will potentially obtain employment for 390 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

4.0%

7.2% APR

Impact
Partner i

up to 4.0%

7.2% APR

Platform
charges i

2.0%

3.6% APR

Loan Details

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

Loan
amount

75,000

Loan
tenure

24 months

Previous
loans

0

Investee
occupation

Professional services

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

B

Financial
Profile i

A

Co-curated and referred by our Impact Partner
Udhyam housed under Agrani India Foundation

Established in

2017

With Rang De from

2020

Founded by

Pankaj Wadhwa

Udhyam Entrepreneurs' rural entrepreneurship program was conceived by the people working in Uttarakhand to encourage entrepreneurial development in rural communities of the Kumaon region of Uttarakhand. The idea behind the “Changemakers” program is to create entrepreneurs who create jobs and opportunities through mentoring and providing credit. As change agents, they facilitate this idea by being the drivers of change, further in their communities by creating a buzz about entrepreneurship and role models in the community.

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