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Arti Devi

#progressive#striving
Support Arti upgrade the winter collection in her small clothing store

Beautypreneur

Rudraprayag, Uttarakhand

50,000 has been disbursed

364 potential days of livelihood i

24,999.98 is the current outstanding balance

64.29 14.29 21.43 25000 8333 5556

64%

21%

14%


Businesswoman Arti Devi has been running a beauty parlour for the last four years. She also runs a small clothing store in her beauty parlour to sell apparel wear. With winter soon approaching, Arti is seeking a loan to restock the store with winter clothing so she can make a good number of sales during the cold season. She hopes to increase her revenue during the season and set aside some savings to help expand her business. Her big dream is to eventually open a new and bigger shop so she make even bigger returns and better support her two children, Priyanshu and Priyanshi, who are enrolled in school. In addition, the income will help her support her husband Kuldeep, who works in the agricultural sector. Support Arti as she progresses for her family.

My dream is to open a new and bigger shop.

About Arti Devi's livelihood

Arti is a beautypreneur who works 8 hours a day for 7 days a week. With this loan Arti will potentially obtain employment for 364 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

50,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Beauty parlour

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

86%

Repayments

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

- UMM

0 more to go -616 days remaining

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