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Salu Devi

#enterprising#gogetter
Empower first-time borrower Salu launch her animal husbandry business

Agripreneur

Rudraprayag, Uttarakhand

40,000 has been disbursed

318 potential days of livelihood i

8,888.78 is the current outstanding balance

93.33 0 6.67 31111 2222 0

93%

7%

0%


Young Salu is a resident of Rudraprayag, Uttarakhand. She lives with her parents, both of whom work in the agricultural sector to make ends meet for the family and to support young Salu. Salu wished to contribute greatly to the family income. She has a decade long experience in the farming sector but is looking to switch trades to launch a new animal husbandry business. Never having borrowed before, Salu seeks credit to buy a buffalo and make an income by selling milk. She wishes to use funds that have been raised from this business to grow and scale it in the future. Support enterprising Salu as she wins for her family.

My dream is to open up a dairy shop.

About Salu Devi's livelihood

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

40,000

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

B

Financial
Profile i

A

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

0 more to go -524 days remaining

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