false 0 0

Sarla Devi

#dreamer#determined
Enable Sarla transform passion into profession by starting a food stall

Food Entrepreneur

Rudraprayag, Uttarakhand

25,000 has been disbursed

318 potential days of livelihood i

8,333.32 is the current outstanding balance

92.31 0 7.69 16667 1389 0

92%

8%

0%


Sarla Devi is taking a leap of faith with a new business venture. After a decade of experience as a farmer, the mother and aspiring entrepreneur is ready for a fresh start. She wants to transform her passion for cooking into her core livelihood activity. She is seeking credit to set up a brand new food stall and serve delightful food to the residents of Rudraprayag. The loan will be utilised to purchase kitchen equipment and some basic furniture for her stall. She hopes that the stall will be a success, so she can continue to support her family, while also enjoying her new work.

My dream is to start a food stall chain.

About Sarla Devi 's livelihood

Sarla is a food entrepreneur who works 7 hours a day for 7 days a week. With this loan Sarla 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

Food stall

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 -569 days remaining

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