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Raghuvar

Daramwal

logoCreative Entrepreneur

logo Nainital, Uttarakhand

logo 312 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Raghuvar

Daramwal

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

logoCreative Entrepreneur

logo Nainital, Uttarakhand

logo 312 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

50,000 loan is fully repaid

50,000 loan is fully repaid


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 The rate of interest charged to the investee

10.00% flat p.a.

18.00% APR

Social
Investor The rate of return an investor makes

4.00%

7.20% APR

Impact
Partner The rate of return an impact partner makes

up to 5.00%

9.00% APR

Platform
charges The charges, the platform incurs by offering it's services

1.00%

1.80% 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 Equated Monthly Instalment

Investee
occupation

Embroidery

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

Udhyam Housed Under Agrani India Foundation
   view website

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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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0