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Nandlal

Badoni

logoAgripreneur

logo Tehri, Uttarakhand

logo 318 livelihood days i

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

Nandlal

Badoni

#pioneering#determined
Support Nandal grow his agricultural business and also become a spice merchant

logoAgripreneur

logo Tehri, Uttarakhand

logo 318 potential days of livelihood i

35,000 loan is fully repaid

35,000 loan is fully repaid


Nandlal Badoni is a father, a husband, and farmer from Rudraprayag in Uttarakhand. He is seeking a loan to expand his eight-year-old farming business and grow his income. Nandlal intends to use the loan to buy seeds and agricultural equipment that will assist him on his farm, enabling him to increase his farming produce and cut down on the costs of production. More produce will mean more financial returns for Nandlal as he supports his family of four. His wife, Meenakashi is a graduate and also works in the agricultural sector to add to the family income. Nandlal's big dream is to open a spice business and trade in spices. Invest in pioneering Nandlal today.

My dream is open a spice business.

About Nandlal Badoni 's livelihood

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

Farming

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

 

A

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