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Surma Devi

#dreamer#visionary
Support Surma provide door-to-door milk delivery services in Rudraprayag

Agripreneur

Rudraprayag, Uttarakhand

35,000 has been disbursed

318 potential days of livelihood i

19,444.4 is the current outstanding balance

57.14 21.43 21.43 15556 5833 5833

57%

21%

21%


Surma Devi is a woman with a vision. The mother of two is working towards buying a van to provide door-to-door milk delivery services. As a first step to this elaborate plan, she is seeking credit to make the critical purchase of a cow. The loan will cover the cost of the cow, as well as the cost of transporting the cow up the difficult and uneven terrain from the sales centre to her village. With this investment, she will be able to kickstart the sales of milk, an integral step in her larger agenda. She hopes to be able to put aside some funds each month towards the purchase of the milk van. As she makes progress, Surma hopes to very soon transform her dream into reality.

My dream is to buy a van to provide door-to-door milk delivery services.

About Surma Devi's livelihood

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

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

A

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 -666 days remaining

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