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Santosh Kumar

#ambitious# zeal
Santosh needs credit to expand his tailoring business.

Service Entrepreneur

Almora, Uttarakhand

50,000 has been disbursed

455 potential days of livelihood i

39,583.3 is the current outstanding balance

100 0 0 10417 0 0

100%

0%

0%


Santosh lives in Almora, Uttarakhand where he is an entrepreneur. He receives income from running a small tailoring store. He is looking to expand this business so that he can enhance his livelihood. He wishes to use this credit to purchase raw materials to tailor beautiful clothes. Invest in Santosh so that he can expand his business.

I wish to scale up my business and provide for my family.

About Santosh Kumar's livelihood

Santosh is a service entrepreneur who works 10 hours a day for 7 days a week. With this loan Santosh will potentially obtain employment for 455 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

4.0%

7.2% APR

Impact
Partner i

up to 5.0%

9.0% APR

Platform
charges i

1.0%

1.8% APR

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

Loan
amount

50,000

Loan
tenure

24 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Others

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

Udhyam housed under Agrani India Foundation

Established in

2017

With Rang De from

2020

Founded by

Pankaj Wadhwa

Udhyam Entrepreneurs' rural entrepreneurship program was conceived by the people working in Uttarakhand to encourage entrepreneurial development in rural communities of the Kumaon region of Uttarakhand. The idea behind the “Changemakers” program is to create entrepreneurs who create jobs and opportunities through mentoring and providing credit. As change agents, they facilitate this idea by being the drivers of change, further in their communities by creating a buzz about entrepreneurship and role models in the community.

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