Sunita Devi

#ambitious#energetic
Enable Sunita purchase a power weeder and increase productivity on her farm

Agripreneur

Dehradun, Uttarakhand

35,000 has been disbursed

318 potential days of livelihood i

29,367.01 is the current outstanding balance

96.57 0 3.43 5633 200 0

97%

3%

0%


About Sunita Devi

Mother, wife and businesswoman Sunita Devi hails from Dehradun, Uttarakhand. She comes with a decade of experience in farming and now wants to make some important advancements to increase her output on the farm. She is seeking credit to finance the purchase of a power weeder which runs using petrol. This tool will ease the burden of having to pull out weeds manually. This will help her save time and cut down on labour costs so she can better her net income. With this upgrade, she will also be able to increase her output from her farm. Furthermore, Sunita wants to soon start an independent agriculture-based business so she can better support her family.

My dream is to start an independent agriculture-based business.

About Sunita Devi's livelihood

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

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

35,000

Loan
tenure

18 months

Previous
loans

0

Investee
occupation

Farming

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

A

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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