false
false 0 0 PvmdqqSW3x

Surma

Devi

logoAgripreneur

logo Rudraprayag, Uttarakhand

logo 318 livelihood days i

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

Surma

Devi

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

logoAgripreneur

logo Rudraprayag, Uttarakhand

logo 318 potential days of livelihood i

35,000 loan is fully repaid

35,000 loan is fully repaid


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

10.00% 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

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 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