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ASHA DEVI

#pioneer#inspirational
Support Asha buy a mule and make an income during the pilgrim season

Agripreneur

Rudraprayag, Uttarakhand

40,000 has been disbursed

273 potential days of livelihood i

31,138.32 is the current outstanding balance

30.67 46.25 23.08 8862 6667 13361

31%

23%

46%


Businesswoman Asha Devi is full of spirit as she talks about the launch of a new business. She is seeking credit to finance the purchase of a mule. Mules are often used in Rudraprayag during the pilgrim season to transport goods up the difficult terrain. Asha intends to make use of her mule to aid devotees who make their trek to Kedarnath. She hopes to make enough revenue to start a mule rearing business in her village. By growing her income, Asha will be able to share the role of a breadwinner with her husband, Trilok Singh who earns a minimal income working as a farmer. She will also be able to better the quality of life for her two young children so they can enjoy a successful future. Invest in Asha today.

My dream is to start a mule rearing business.

About ASHA DEVI's livelihood

ASHA is an agripreneur who works 6 hours a day for 7 days a week. With this loan ASHA will potentially obtain employment for 273 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

B

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 -543 days remaining

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