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Ashish Rawat

#selfstarter# solopreneur
Fund flavors across Guptkashi

Food Entrepreneur

Rudraprayag, Uttarakhand

25,000 has been disbursed

312 potential days of livelihood i

1,392.39 is the current outstanding balance

99.99 0 0.01 23608 4 0

100%

0%

0%


Meet Ashish Rewat. He can light up your day with his wide smile and aromatic food stall. Now, Ashish is on a mission to put even more smiles on the faces of Guptkashi dwellers by including a wider variety at the food stall. His income supports his mother who works in the agriculture sector and his brother, Bipin who works as a driver. The Rang De loan will cover the costs required to buy ingredients for the food stall as Ashish hopes to whip and serve magic to many more customers in his village. Invest in Ashish’s dream today.

I dream of owning a car and building another house.

About Ashish Rawat's livelihood

Ashish is a food entrepreneur who works 8 hours a day for 6 days a week. With this loan Ashish will potentially obtain employment for 312 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

25,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Food stall

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

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 -721 days remaining

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