false 0 0

Suraj Singh

#tireless#gogetter
Support Suraj kick start a mule rearing business to support his children

Agripreneur

Rudraprayag, Uttarakhand

35,000 has been disbursed

273 potential days of livelihood i

21,389.69 is the current outstanding balance

63.63 9.09 27.27 13610 5833 1945

64%

27%

9%


Suraj Singh is a father and a businessman. The father of three is looking to launch a new business to support his family. Suraj has thus applied for a loan to make his first critical step which is a mule purchase. Mules are often used in Rudraprayag for transportation purposes during the pilgrim and marriage season. Suraj hopes to use his mule during the busy marriage and pilgrim season so he can grow his income to use funds to provide his children with good education and medical health facilities. Furthermore, Suraj plans to start a mule rearing business in the future as his children grow older. Support Suraj today.

My dream is to provide good education and medical facilities for my children.

About Suraj Singh's livelihood

Suraj is an agripreneur who works 6 hours a day for 7 days a week. With this loan Suraj will potentially obtain employment for 273 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

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

91%

Repayments

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

- UMM

0 more to go -559 days remaining

added to cart