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Kunwari

Devi

logoAgripreneur

logo Rudraprayag, Uttarakhand

Loan Written Off

logo 318 livelihood days i

b-img b-img b-img b-img

Kunwari

Devi

#relentless#ambitious
Support Kunwari launch a new animal husbandry business

logoAgripreneur

logo Rudraprayag, Uttarakhand

Loan Written Off

logo 318 potential days of livelihood i


For the past 15 years, Kunwari Devi has been toiling hard on her farm. She now wants to take a leap forward to meet the growing needs of her family by launching an animal husbandry business. Her husband, Pooran and son Vinod are labourers working in the agricultural sector. Kunwari is seeking credit to make the integral purchase of a buffalo worth Rupees 40,000 to kickstart her new venture. She hopes to earn an income by selling milk in and around her neighbourhood and the excess to the local milk federation. In the future, Kunwari plans on starting a mini dairy business. With plans of scaling up her business, mumpreneur Kunwari looks forward to bettering the quality of life for her family. Support her on her exciting venture today.

My dream is to start a mini dairy business.

About Kunwari Devi's livelihood

Kunwari is an agripreneur who works 7 hours a day for 7 days a week. With this loan Kunwari will potentially obtain employment for 318 days.

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

Investee
pays i

10.00% flat p.a.

18.00% APR

Social
Investor i

5.00%

9.00% APR

Impact
Partner i

up to 5.00%

9.00% APR

Platform
charges i

0.00%

0.00% APR

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

Loan
amount

40,000

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

B

Financial Profile i

A

Ushamath Mahila Mahasangh

   
Uttarakhand
Partner since 2019

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.

Rs 43,90,000

Disbursed

127

Investees

98.0%

Repayments

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

- UMM
whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0