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Shivdei Devi

#strong#motivated
Shivdei wants to start mule rearing business.

Agripreneur

Rudraprayag, Uttarakhand

40,000 has been disbursed

318 potential days of livelihood i

28,888.85 is the current outstanding balance

50 20 30 11111 6667 4444

50%

30%

20%


Shivdei Devi is a strong woman of purpose. She is a widower and has faced many challenges early in her life. Her son Mahesh works on the farms and toils hard to provide for the family. Shivdei now wants to support her son. With the loan amount, she plans to buy a mule and make revenue by using it to transport people in the difficult terrain of Rudraprayag. She also wishes to use it to heft stacks around the farm. Invest in her new business venture as she takes up a new challenge.

I dream of building a Pakka house.

About Shivdei Devi 's livelihood

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

4.0%

7.2% APR

Impact
Partner i

up to 4.0%

7.2% APR

Platform
charges i

2.0%

3.6% APR

The following section provides a detailed view of the investee loan requirement.

Loan
amount

40,000

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

B

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

97%

Repayments

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

- UMM

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