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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

25,242.02 is the current outstanding balance

33.46 46.54 20 9758 5833 13575

33%

20%

47%


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.

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

Farming

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

86%

Repayments

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

- UMM

0 more to go -643 days remaining

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