Mastan Singh

#progressive#dreamer
Enable Mastan repair his cab to continue smooth running services

Service Entrepreneur

Rudraprayag, Uttarakhand

35,000 has been disbursed

318 potential days of livelihood i

33,055.67 is the current outstanding balance

33.33 33.34 33.33 1944 1944 1945

33%

33%

33%


About Mastan Singh

Hardworking father Mastan Singh is the owner of a cab used to provide transport facilities for the residents of Rudraprayag. Mastan has however been holding back on the much-needed repairs of his vehicle because of the lack of funds. Now, with easier access to credit, Mastan can finally make repairs to his vehicle. A smooth-running vehicle means he will be able to complete more rides in a day earning him a better income. He hopes to put aside a substantial amount from his earned funds to buy another vehicle to use as a cab. Mastan's dream is to eventually expand his cab business to meet the need for transportation services in his town as it progresses.

My dream is to expand my cab business.

About Mastan Singh 's livelihood

Mastan is a service entrepreneur who works 7 hours a day for 7 days a week. With this loan Mastan will potentially obtain employment for 318 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

5.0%

9.0% APR

Impact
Partner i

up to 5.0%

9.0% APR

Platform
charges i

0.0%

0.0% APR

Loan Details

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

Loan
amount

35,000

Loan
tenure

18 months

Previous
loans

0

Investee
occupation

Transport 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

A

Financial
Profile i

B

Co-curated and referred by our Impact Partner
Ushamath Mahila Mahasangh

Established in

2003

With Rang De from

2019

Founded by

Promoted by AT India Organization

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.

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