Sonika Devi

#passionate#zeal
Sonika wants to buy a buffalo.

Agripreneur

Rudraprayag, Uttarakhand

40,000 has been disbursed

318 potential days of livelihood i

37,777.77 is the current outstanding balance

100 0 0 2222 0 0

100%

0%

0%


About Sonika Devi

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.

Interest Rate
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

Loan Details

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

Loan
amount

40,000

Loan
tenure

18 months

Previous
loans

0

Investee
occupation

Animal husbandry

Investee Credit Rating i :
Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

B

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

Co-curated and referred by our Impact Partner
Ushamath Mahila Mahasangh

Established in

2003

With Rang De from

2019

Founded by

Promoted by AT India Organization

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.

0 more to go -114 days remaining

added to cart

VIEW CART