Parmod Singh

#dreamer#humble
Help Pramod save for his daughter's wedding by growing his business

Agripreneur

Rudraprayag, Uttarakhand

35,000 has been disbursed

318 potential days of livelihood i

29,167.01 is the current outstanding balance

99.99 0.01 0 5833 0 0

100%

0%

0%


About Parmod Singh

Passionate Pramod has one dream. He wants to one day see his only daughter happily married. He also wants to ensure that he is able to cover the costs of the jewellery he would like to gift her during her marriage. In order to ensure his savings are in place well ahead of time, Pramod is venturing out to make advancements in his livelihood. He plans to purchase a cow with the help of this loan, so that he can potentially increase milk sales, and hence his income. His long term plan is to start a full-fledged independent dairy business, so he can better provide for his small family. Fund Pramod to make his humble dream a reality.

My dream is to be able to finance jewellery purchases for my daughter’s wedding.

About Parmod Singh 's livelihood

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

Animal husbandry

Investee Credit Rating i :
Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

A

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

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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