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Surajpal

Singh

logoRetailpreneur

logo Rudraprayag, Uttarakhand

logo 273 livelihood days i

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

Surajpal

Singh

#determined# persevering
Strengthen prospects for entrepreneurial Surajpal

logoRetailpreneur

logo Rudraprayag, Uttarakhand

logo 273 potential days of livelihood i

25,000 loan is fully repaid

25,000 loan is fully repaid


A proud father and an earnest businessman Surajpal Singh is setting entrepreneurship goals. He currently runs a retail store in his village of Rudraprayag and is preparing for the growth of his business. Surajpal has applied for a loan with the goal to buying necessary retail items to sell at the store. A flurry of new customers will be good news for his business and the additional income will allow Surajpal to plan for future growth. Fund this exciting venture and watch entrepreneurship blossom in rural India.

My dream is to become a successful entrepreneur.

About Surajpal Singh 's livelihood

Surajpal is a retailpreneur who works 6 hours a day for 7 days a week. With this loan Surajpal 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

10.00% 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

25,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Retail 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

A

Ushamath Mahila Mahasangh

   
Uttarakhand
Partner since 2019

About

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.

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

98.0%

Repayments

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

- UMM
whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0