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Sonika Devi

#passionate#zeal
Sonika wants to buy a buffalo.

Agripreneur

Rudraprayag, Uttarakhand

40,000 has been disbursed

318 potential days of livelihood i

19,999.93 is the current outstanding balance

90 0 10 20000 2222 0

90%

10%

0%


Sonika is a hardworking and resilient woman from Uttarakhand. Her family income mainly comes from agriculture. She has therefore decided to step up and provide for a family of four. With unsteady revenue from agriculture, Sonika has moved to livestock farming. With an experience of over 10 years in the business, she is a learned and experienced player. With profits flowing in, she plans to add another buffalo to increase the milk production to meet the demand in the neighbourhood and local dairy farms. Invest in Sonika's passion to grow.

I want to start a dairy business

About Sonika Devi 's livelihood

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

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

97%

Repayments

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

- UMM

0 more to go -371 days remaining

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