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Udaypal

Singh

logoAgripreneur

logo Rudraprayag, Uttarakhand

logo 26 livelihood days i

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

Udaypal

Singh

#laborious#keen
Invest in Udaipal as he upgrades his buzzing bee business

logoAgripreneur

logo Rudraprayag, Uttarakhand

logo 26 potential days of livelihood i

35,000 loan is fully repaid

35,000 loan is fully repaid


Udaypal Singh from Rudraprayag, Uttarakhand is the owner of a buzzing bee business. He has a decade of experience in beekeeping and is looking to expand it to increase the revenue from his honey sales. Currently, Udaypal's income supports his two sons and his wife, Parmesawari Devi who works in the agricultural sector. Udaypal is seeking credit to buy an apiary setup of 10 bee boxes costing Rs.3500 per box. He will be able to collect more honey by setting up more bee boxes thereby growing his monthly income. His future plan is to set up another beekeeping house to further grow his business as he strives to better the quality of life for his family. Support Udaypal as he sweetens his future.

My dream is to establish one more bee-keeping house.

About Udaypal Singh 's livelihood

Udaypal is an agripreneur who works 2 hours a day for 2 days a week. With this loan Udaypal will potentially obtain employment for 26 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

B

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