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Sangeeta Devi

#mumpreneur# dreamer# determined
Fund Sangeeta's dream expansion project

Beautypreneur

Rudraprayag, Uttarakhand

25,000 has been disbursed

312 potential days of livelihood i

5,555.54 is the current outstanding balance

100 0 0 19444 0 0

100%

0%

0%


Meet supermum Sangeeta Devi who is on a mission to expand her existing beauty parlor. Hailing from the village of Guptkashi, the mother of three dreams of educating her children. Her 20 year old daughter is an aspiring doctor, and her two ambitious sons are currently studying. Daleep, her husband, works as a driver and also contributes to the family income. With the Rang De loan, Sangeeta hopes to buy cosmetic items to provide more services at her parlor to draw in more customers. With her zeal, and your investment, Sangeeta’s dreams for her family look not too far ahead.

To educate her children and see her daughter become a doctor.

About Sangeeta Devi's livelihood

Sangeeta is a beautypreneur who works 8 hours a day for 6 days a week. With this loan Sangeeta will potentially obtain employment for 312 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

25,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Beauty parlour

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

 

B

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

96%

Repayments

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

- UMM

0 more to go -626 days remaining

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