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Poonam Devi

#industrious#keen
Enable Poonam buy a buffalo and kickstart her dairy business.

Agripreneur

Rudraprayag, Uttarakhand

40,000 has been disbursed

318 potential days of livelihood i

18,165.3 is the current outstanding balance

70.18 8.39 21.43 21835 6667 2610

70%

21%

8%


Hailing from Rudraprayag, Uttarakhand is mumpreneur Poonam Devi. She has decided to launch a new animal husbandry business to support the growing needs of her family. Her husband, Janardan Lal also works in the agricultural sector but is only able to earn a minimum wage every month. Assisted by credit, Poonam hopes to make use of the buffalo by selling milk around the neighbourhood. The income she earns will be used to fund the launch of a dairy business. Poonam hopes that her new undertaking will benefit her family as she strives to better the quality of life for her husband and kids. Make an investment in industrious Poonam today.

My dream is to start a dairy business.

About Poonam Devi 's livelihood

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

10.0% 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

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

B

Ushamath Mahila Mahasangh

Uttarakhand
Partner since 2019

About

UMM works with women SHG groups in the remotest parts of Uttarakhand. To stop the tremendous migration of people from this region, UMM works to build self-sufficient entrepreneurs from the community.

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

83%

Repayments

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

- UMM

0 more to go -568 days remaining

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