false
false 0 0 dLLGi5anfc

Shira

Devi

logoFood Entrepreneur

logo Rudraprayag, Uttarakhand

logo 318 livelihood days i

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

Shira

Devi

#aspirational#relentless
Foodie Shira wants to launch a food stall to nourish her passion for cooking

logoFood Entrepreneur

logo Rudraprayag, Uttarakhand

logo 318 potential days of livelihood i

25,000 loan is fully repaid

25,000 loan is fully repaid


For 25 years, Shira Devi has been on her toes toiling on farms to make ends meet for her family. She and her husband, Balwant have both worked tirelessly for several years to educate their two sons. Currently, her older son works as a driver and the younger one has migrated to Mumbai to work as a chef. It's no denying that the love for food runs in the family. Shira wishes to cook to her heart's content. She has chosen to nourish her passion by earning a revenue from it. Shira has thus applied for a loan to open a food stall in her village. The loan will finance the purchase of new furniture, cooking pots, raw materials and a new gas connection. Shira hopes the revenue from her food stall will enable her to better the quality of life for her family as she works to establish her own shop in her village. Support aspirational Shira today.

My dream is to open a food stall.

About Shira Devi's livelihood

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

10.00% 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

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

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