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Suman Devi

#mumpreneur# dreamer# spirited
Revamp Suman Devi's apparel store

Retailpreneur

Rudraprayag, Uttarakhand

25,000 has been disbursed

312 potential days of livelihood i

9,514.74 is the current outstanding balance

74.33 5.67 20 15485 4167 1181

74%

20%

6%


Suman Devi is an ambitious woman. She juggles being a full time mother while simultaneously running an apparel store in Rudraprayag. Now, Suman wishes to expand her business venture by adding more clothing to the store. This will help support her husband who works in the agricultural sector and will also let Suman save up money to construct a house in Guptkashi for her family and her. The loan will help boost the sales at the store by drawing in more customers and in the process empower Suman as she strives to become a successful businesswoman.

I dream of educating my children and building a house for my family in Guptkashi.

About Suman Devi's livelihood

Suman is a retailpreneur who works 8 hours a day for 6 days a week. With this loan Suman will potentially obtain employment for 312 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

25,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Apparel store

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

A

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

95%

Repayments

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

- UMM

0 more to go -631 days remaining

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