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Santoshi Devi

#zealous#hardworking
Support Santoshi, a graduate, launch a dairy business through a cow purchase

Agripreneur

Rudraprayag, Uttarakhand

35,000 has been disbursed

318 potential days of livelihood i

23,333.3 is the current outstanding balance

54.55 18.18 27.27 11667 5833 3889

55%

27%

18%


After a decade of farming experience, mother, Santoshi Devi, a graduate is readying herself to make a key advancement. She wants to launch an animal husbandry business to supplement her income from farming. She aims to provide for her seven-year-old and two-year-old daughters to ensure they are both well educated. Santoshi hopes to use the credit to buy a cow which will enable her to sell litres of milk to the local corporation and make some revenue. Her long term goal is to start a full-fledged dairy business to sell dairy products in and around Rudraprayag. She is working hard to ensure that she will be able to live her dreams. Support Santoshi on her journey today.

My dream is to start a full-fledged dairy business.

About Santoshi Devi 's livelihood

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

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 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 -541 days remaining

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