Sudama Devi

#determined#strong
Set Sudama up for success by investing in her beauty parlour

Beautypreneur

Rudraprayag, Uttarakhand

50,000 has been disbursed

364 potential days of livelihood i

33,333.32 is the current outstanding balance

100 0 0 16667 0 0

100%

0%

0%


About Sudama Devi

Mumpreneur Sudama Devi has been running a mini beauty parlour in Rudraprayag for the last one year. She is now seeking credit to stock up on a range of products that she requires to offer her services. Sudama is a determined woman and has been supporting her family single-handedly, as her husband Yogendra is not currently employed. She is a mother of two youngsters Ashish and Ashan, who are studying in school. Sudama is driven by her desire to give her children the best quality of education that she can afford, and she hopes this investment will help her business grow, and increase her income. Invest in Sudama as she leaps forward for her family.

I dream of running a full-fledged beauty parlour.

About Sudama Devi's livelihood

Sudama is a beautypreneur who works 8 hours a day for 7 days a week. With this loan Sudama will potentially obtain employment for 364 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

5.0%

9.0% APR

Impact
Partner i

up to 5.0%

9.0% APR

Platform
charges i

0.0%

0.0% APR

Loan Details

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

Loan
amount

50,000

Loan
tenure

18 months

Previous
loans

0

Investee
occupation

Beauty parlour

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.

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