Rajeswari Devi

#diligent#focused
Rajeshwari plans to purchase a mule to cater to local transportation demands

Agripreneur

Rudraprayag, Uttarakhand

35,000 has been disbursed

318 potential days of livelihood i

25,278.35 is the current outstanding balance

100 0 0 9722 0 0

100%

0%

0%


About Rajeswari Devi

Rajeswari Devi is an ambitious mother striving to support her small family. She has seen an opportunity in the mule rearing business in her village in Rudraprayag. Mules are commonly used for transporting goods through the difficult terrains of Uttarakhand during pilgrimages and marriages as well. Rajeswari wants to invest in one mule so she can tap into the transportation demand and make some financial returns during the pilgrim season. Her earnings will be used to finance the education of her three children, while a small fund will be set aside so that she can buy a motorbike to ease transportation for her family. Invest in Rajeswari today.

My dream is to start a mule rearing business and to one day buy a motorbike.

About Rajeswari Devi's livelihood

Rajeswari is an agripreneur who works 7 hours a day for 7 days a week. With this loan Rajeswari will potentially obtain employment for 318 days.

Interest Rate
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

Loan Details

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

Loan
amount

35,000

Loan
tenure

18 months

Previous
loans

0

Investee
occupation

Animal husbandry

Investee Credit Rating i :
Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

B

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

Co-curated and referred by our Impact Partner
Ushamath Mahila Mahasangh

Established in

2003

With Rang De from

2019

Founded by

Promoted by AT India Organization

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.

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