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Sarita Devi

#gogetter#persevering
Support Sarita purchase a cow and supplement the income from her farm

Agripreneur

Rudraprayag, Uttarakhand

25,000 has been disbursed

318 potential days of livelihood i

15,277.77 is the current outstanding balance

77.78 0 22.22 9722 2778 0

78%

22%

0%


For fifteen years, Sarita Devi has been working tirelessly on her farm to make ends meet for her family. She has been working seven hours a day, seven days a week to support her two children and husband, Kunwar who also works in the agricultural sector. Now, Sarita wants to supplement her income from her farming business by opening a small animal husbandry business. She is looking to buy a cow to kick start her new business. She hopes to make a better income by selling milk and in the long run possibly opening a dairy shop to sell dairy products. By growing her income, Sarita hopes she will be able to provide her children with a good education so they can grow up to enjoy a secure and financially stable future. Support Sarita on her endeavour.

My dream is to open a dairy shop.

About Sarita Devi 's livelihood

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

25,000

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

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

99%

Repayments

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

- UMM

0 more to go -450 days remaining

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