false 0 0

Usha Devi

#resolute#persevering
Enable Usha buy a buffalo as she plans to launch a dairy business

Agripreneur

Rudraprayag, Uttarakhand

40,000 has been disbursed

318 potential days of livelihood i

17,777.7 is the current outstanding balance

90.91 0 9.09 22222 2222 0

91%

9%

0%


Usha Devi is a resident of Rudraprayag, Uttarakhand. She works as a farmer. She runs a small farm in her village to contribute to her family's income. With growing expenses to meet, Usha has decided to launch an animal husbandry business to support her family. She is seeking credit to make an integral purchase a buffalo, thereby, enabling her to make an income by selling milk. She hopes to use the funds to support her husband Govind who works in the agricultural sector and their son Bhaskar who is currently studying. Join hands with resolute Usha so she can grow her income.

My dream is to start a dairy business.

About Usha Devi 's livelihood

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

40,000

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

B

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

96%

Repayments

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

- UMM

0 more to go -407 days remaining

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