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Sateshwari Devi

#driven#supportive
Fund a buffalo purchase for Sateshwari as she strives to better her family's life

Agripreneur

Rudraprayag, Uttarakhand

35,000 has been disbursed

318 potential days of livelihood i

23,334.02 is the current outstanding balance

42.85 35.72 21.43 11666 5833 9723

43%

21%

36%


Sateshwari Devi's livelihood has been farming for a decade. Her husband Prem Singh also works in the agricultural sector while their son Pankaj works outside the sector to support the family. Now Sateshwari has made the brave decision to become a responsible borrower while she becomes financially savvy. She is seeking credit to buy a buffalo which will help her increase her monthly earnings. She hopes to sell the milk to the local corporations where it will be processed. She can then save up a fund to better the quality of life for her small family.

My dream is to better the quality of life for my family.

About Sateshwari Devi's livelihood

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

 

A

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

91%

Repayments

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

- UMM

0 more to go -611 days remaining

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