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Raghuvar Daramwal

#honest#hardworking
Raghuvar is looking forward to building his tailoring business.

Creative Entrepreneur

Nainital, Uttarakhand

50,000 has been disbursed

312 potential days of livelihood i

33,333.28 is the current outstanding balance

100 0 0 16667 0 0

100%

0%

0%


Raghuvar is an entrepreneur, hailing from Nainital, Uttarakhand. He has a small tailoring business, but is looking forward to expanding it. He wishes to reach out to cater to more customers of his locality. He is seeking credit for raw materials to expand his shop. Investing in Raghuvar, will help him fulfill his dreams and provide for his family.

I wish to give my sons a better education.

About Raghuvar Daramwal's livelihood

Raghuvar is a creative entrepreneur who works 8 hours a day for 6 days a week. With this loan Raghuvar will potentially obtain employment for 312 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

4.0%

7.2% APR

Impact
Partner i

up to 5.0%

9.0% APR

Platform
charges i

1.0%

1.8% APR

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

Loan
amount

50,000

Loan
tenure

24 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Embroidery

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

 

B

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

A

Udhyam housed under Agrani India Foundation

Established in

2017

With Rang De from

2020

Founded by

Pankaj Wadhwa

Udhyam Entrepreneurs' rural entrepreneurship program was conceived by the people working in Uttarakhand to encourage entrepreneurial development in rural communities of the Kumaon region of Uttarakhand. The idea behind the “Changemakers” program is to create entrepreneurs who create jobs and opportunities through mentoring and providing credit. As change agents, they facilitate this idea by being the drivers of change, further in their communities by creating a buzz about entrepreneurship and role models in the community.

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