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Sulochna Devi

#gogetter#persevering
Pitch into Sulochna's buffalo purchase fund so she can launch her dairy business

Agripreneur

Rudraprayag, Uttarakhand

35,000 has been disbursed

318 potential days of livelihood i

17,499.95 is the current outstanding balance

60 20 20 17500 5833 5833

60%

20%

20%


Sulochna Devi works hard for all seven days of the week. The mother of three works as a farmer in Rudraprayag and is now ready to take a step forward towards financial growth and progress, by starting a dairy business. She will be using her savings of rupees 25,000 combined with this loan of rupees 35,000 to purchase a buffalo. This venture will supplement Sulochna’s current farming business and will enable her to grow her monthly income so she can better support her family. With three young children, Ananya, Rishav, and Kushi to support, enterprising Sulochna is determined to expand her business even further, and soon start door-to-door milk delivery services using a van. Support Sulochna today.

My dream is to start my own dairy business and grow my family's income.

About Sulochna Devi 's livelihood

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

5.0%

9.0% APR

Impact
Partner i

up to 5.0%

9.0% APR

Platform
charges i

0.0%

0.0% APR

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

Loan
amount

35,000

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

 

A

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

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

86%

Repayments

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

- UMM

0 more to go -646 days remaining

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