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Satye

Singh

logoRetailpreneur

logo Rudraprayag, Uttarakhand

logo 312 livelihood days i

b-img b-img b-img b-img b-img

Satye

Singh

#Retailpreneur# zealous
Invest in the goals of this devoted father

logoRetailpreneur

logo Rudraprayag, Uttarakhand

logo 312 potential days of livelihood i

25,000 loan is fully repaid

25,000 loan is fully repaid


Every town needs a Satye. He's an ambitious businessman and a father determined to see his children settle down in life as successful individuals. In a bid to make this happen, Satye is taking a loan and widening the prospects at his retail shop. He's aware that he needs to meet the growing demands of the market and is, therefore, procuring daily needs items to stock up at the store. With his daughter aspiring to become a doctor, putting her and her brother in a good school is a top priority. Invest in the dreams of this father.

I hope to provide quality education so my daughter can grow into a doctor.

About Satye Singh's livelihood

Satye is a retailpreneur who works 8 hours a day for 6 days a week. With this loan Satye will potentially obtain employment for 312 days.

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays i

10.00% flat p.a.

18.00% APR

Social
Investor i

5.00%

9.00% APR

Impact
Partner i

up to 5.00%

9.00% APR

Platform
charges i

0.00%

0.00% 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

Retail store

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

 

B

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 is an apex federation of women SHGs established in 2005, registered under Uttrakhand self-reliant cooperative act 2003, to meet the financial service needs of the poor living in one of the most underserved areas of Uttrakhand. UMM's mandate has been to focus on solutions that provide direct socio economic improvement to the marginalized and low-income households. AT India and UMM work in a predominantly rural, hill-based economy. There are limited avenues to credit access and lack of sustainable livelihood sources in these regions.

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

98.0%

Repayments

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

- UMM
whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0