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Sachin

Shah

logoAgripreneur

logo Rudraprayag, Uttarakhand

logo 318 livelihood days i

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

Sachin

Shah

#determined#gogetter
Young Sachin wants to support his parents through an integral mule purchase

logoAgripreneur

logo Rudraprayag, Uttarakhand

logo 318 potential days of livelihood i

35,000 loan is fully repaid

35,000 loan is fully repaid


Young Sachin Shah is the only son to his parents forty-nine-year-old Shiv and forty-year-old Pavitra. Sachin has completed his high school education and has five years of experience running his animal husbandry business. He is looking to purchase a mule so he can grow his income. Mules are commonly used in Uttarakhand to transport goods during the pilgrim season and during marriages. They are efficient for transportation in the difficult and uneven terrains common to the mountains of Uttarakhand. Sachin hopes that he will be able to set aside funds from his current business to kickstart a dairy business in the future, which will supplement his current livelihood. Invest in determined Sachin today.

My dream is to start a dairy farm.

About Sachin Shah's livelihood

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

10.00% 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