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Priyanaka Devi

#dreamer#industrious
Priyanka is launching a dairy business with the purchase of a buffalo

Agripreneur

Rudraprayag, Uttarakhand

35,000 has been disbursed

318 potential days of livelihood i

1,944.35 is the current outstanding balance

100 0 0 33056 0 0

100%

0%

0%


Priyanka Devi, a young mother to five-year-old Akriti is determined to put her best foot forward to fend for her small family. She’s been working as a farmer for the last decade and is now looking to expand her livelihood by venturing into the dairy business. She is seeking credit to purchase a buffalo, so she can start to sell milk in her village. This is just the first step in her longer-term plan of running a full-fledged dairy business. Priyanka’s aspiration is to give young Akriti a good education, and set her up for success in the future. Join hands with Priyanka as she takes an important step towards her goals.

My dream to start a full-fledged dairy business.

About Priyanaka Devi's livelihood

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

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

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

86%

Repayments

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

- UMM

0 more to go -664 days remaining

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