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Rajendra

Lal

logoAgripreneur

logo Rudraprayag, Uttarakhand

logo 273 livelihood days i

b-img b-img b-img b-img b-img

Rajendra

Lal

#solopreneur# dreamer
Support Rajendra on his path to set up his own dairy business

logoAgripreneur

logo Rudraprayag, Uttarakhand

logo 273 potential days of livelihood i

35,000 loan is fully repaid

35,000 loan is fully repaid


Spirited Rajendra Lal is thinking business. The budding entrepreneur is a hardworking man who spends almost six hours on his farm for seven days a week. Now Rajendra is hoping to purchase yet another buffalo so that he can support his family of four and ensure his children's school fees are paid on time. The buffalo will be a worthy asset for his business and will also help him save up as he’s determined to set up his own dairy business. Choose to fund Rajendra’s dream project today and watch him soar as the successful entrepreneur he hopes to be.

I dream of one day running my own dairy business.

About Rajendra Lal's livelihood

Rajendra is an agripreneur who works 6 hours a day for 7 days a week. With this loan Rajendra will potentially obtain employment for 273 days.

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays i

10.00% flat p.a.

18.00% APR

Social
Investor i

5.00%

9.00% APR

Impact
Partner i

up to 5.00%

9.00% APR

Platform
charges i

0.00%

0.00% 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

A

Ushamath Mahila Mahasangh

   
Uttarakhand
Partner since 2019

About

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.

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

98.0%

Repayments

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

- UMM
whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0