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Sadhna Devi

#determined#gogetter
Invest in Sadhna's apparel store as she dreams of expanding her trade

Retailpreneur

Rudraprayag, Uttarakhand

35,000 has been disbursed

318 potential days of livelihood i

25,277.75 is the current outstanding balance

38.46 38.46 23.08 9722 5833 9722

38%

23%

38%


Industrious Sadhna works seven days a week opening up her small apparel store to customers in Rudraprayag, Uttarakhand. Now that winter has arrived, Sadhna needs to restock winter clothing at the store because of its growing demand. She has thus applied for a loan to finance the purchase of winter clothing for the store. By doing so, Sadhna will be able to increase her sales during the winter months, thereby enabling her to grow her income and expand the business. As a mother, her income will support her three children and her husband Vinod, who works in the agricultural sector. Fund Sadhna restock her store and support her as she hopes of owning her own shop one day.

I dream of owning my own shop.

About Sadhna Devi 's livelihood

Sadhna is a retailpreneur who works 7 hours a day for 7 days a week. With this loan Sadhna 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

10.0% 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

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

Apparel store

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

B

Ushamath Mahila Mahasangh

Uttarakhand
Partner since 2019

About

UMM works with women SHG groups in the remotest parts of Uttarakhand. To stop the tremendous migration of people from this region, UMM works to build self-sufficient entrepreneurs from the community.

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

86%

Repayments

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

- UMM

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