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Sumitra

Shrma

logoService Entrepreneur

logo Ajmer, Rajasthan

logo 364 livelihood days i

b-img b-img b-img b-img b-img

Sumitra

Shrma

#progressive#breadwinner
Support Sumitra in expanding her unique water supply business

logoService Entrepreneur

logo Ajmer, Rajasthan

logo 364 potential days of livelihood i

40,000 loan is fully repaid

40,000 loan is fully repaid


Sumitra Sharma's six-year-old business is all about serving her community. She lives with her parents and her brother and is the sole breadwinner of the family. She works seven days a week to deliver water to people in her village. Sumitra is seeking credit to scale up the business to purchase a water tanker making it easier to supply water across locations. Not only does she hope to increase her monthly income and support her family, but also to be able to offer relief to the residents during the water crisis. It is a highly beneficial and needy service that Sumitra has chosen to spearhead. Support Sumitra as she wins for her community.

My dream is to buy a new water tanker to provide water supply to more localities.

About Sumitra Shrma's livelihood

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

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays i

10.00% flat p.a.

18.00% APR

Social
Investor i

5.00%

9.00% APR

Impact
Partner i

up to 5.00%

9.00% APR

Platform
charges i

0.00%

0.00% APR

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

Loan
amount

40,000

Loan
tenure

24 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Others

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

A

Rajasthan Mahila Kalyan Mandal

   
Rajasthan
Partner since 2019

About

Rajasthan Mahila Kalyan Mandal Sanstha, Ajmer founded in 1975 started working in the field of disability & rehabilitation since 1988. Organization started Community Based Rehabilitation program in 1998 for those Children With Special Needs who couldn’t reached Day Care Centre due to transport or any other reason. Presently, Organization is working with more than 1900 CWSN in Rajasthan. RMKM works with rural communities and Persons With Disability to rehabilitate them by enabling ownership over environment, institutions and communication. The areas in which we work towards a more empower and equitable future are as follows: Education and Inclusion, Health, Livelihood Promotion and Micro-Credit, Human Resources Development

Impact Narrative

Credit is virtually inaccessible to the women entrepreneurs in Rajasthan. The Rang De loans are designed to empower these women to start and grow their businesses.

Rs 37,05,000

Disbursed

80

Investees

98.0%

Repayments

Rang De works with the same mission as ours - upliftment and welfare of the poor, backward and the specially abled, leading to their respectful and dignified life in the society.

- Nanu Lal Prajapati, Head of Livelihoods project, RMKM
whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0