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Lalita

Devi

logoAgripreneur

logo Rudraprayag, Uttarakhand

logo 318 livelihood days i

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

Lalita

Devi

#progressive#committed
Invest in Lalita's cow purchase so she can better the quality of life for her children

logoAgripreneur

logo Rudraprayag, Uttarakhand

logo 318 potential days of livelihood i

35,000 loan is fully repaid

35,000 loan is fully repaid


Lalita Devi is a mumpreneur from Rudraprayag, Uttarakhand. She's a mother to two teenage boys, 14-year-old Divyanshu and 16-year-old Priyanshu who are both studying. Her husband, Chandra, works in the agriculture sector and also contributes to the family's income. Now with growing family expenses, Lalita is wary of the need to grow her family’s income. She has decided to take a loan to launch a new animal husbandry business so she can share the role of a breadwinner with her husband. She hopes to use the loan to finance the purchase of a cow, a worthy asset for her new business. Lalita will be able to make an income from milk sales in and around her village. In the long run, she plans on running a full-fledged dairy business to grow her monthly income and to provide her children with a good education and better quality of life.

My dream is to provide my children with good education and medical facilities.

About Lalita Devi's livelihood

Lalita is an agripreneur who works 7 hours a day for 7 days a week. With this loan Lalita 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

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

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