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#RootforRangDe

Rang De is India’s first social lending platform where you can invest in people from low income households and earn nominal - moderate returns.

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Anita devi

#pioneer#driven
Anita is planting seeds and investing in equipment to upgrade her farming business

Agripreneur

Rudraprayag, Uttarakhand

35,000 has been disbursed

227 potential days of livelihood i

19,444.4 is the current outstanding balance

100 0 0 15556 0 0

100%

0%

0%


About Anita devi

For more than a decade, agripreneur Anita Devi has been toiling hard on her farm. She has been supporting her husband Parashuram to make ends meet for their family and together they have enabled their son Suraj to complete his studies and graduate from college. Now Anita wants to cultivate vegetables on her farm and is seeking credit to buy seeds and agricultural equipment. She hopes to sell her produce to grow her monthly income and to grow her farming business. Anita hopes her advancements in the business will enable her to better the quality of life for her family. Invest in spirited Anita today to see her soar.

My dream is to expand my business into a vegetable cultivation business.

About Anita devi 's livelihood

Anita is an agripreneur who works 7 hours a day for 5 days a week. With this loan Anita will potentially obtain employment for 227 days.

Interest Rate
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

Loan Details

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

Farming

Investee Credit Rating i :
Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

B

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

Co-curated and referred by our Impact Partner

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

100%

Repayments

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

- UMM

0 more to go -364 days remaining

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