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Chandan

Singh

Food Entrepreneur

Salani, Uttarakhand

546 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Chandan

Singh

#gogetter#ambitious
Chandan needs credit to expand his food store.

Food Entrepreneur

Uttarakhand

546 potential days of livelihood

75,000 loan is fully repaid

75,000 loan is fully repaid


About Chandan

Meet Chandan Singh. He can light up your day with his smile and aromatic food stall. Now, Chandan is on a mission to put even more smiles on the faces of Garur dwellers by including a wider variety at the food stall. His income supports his family of four. The Rang De loan will cover the costs required to purchase some furniture and a refrigerator for his shop. Chandan hopes to whip up some great food and serve magic to many more customers in his village. Invest in Chandan’s dream today.

About Chandan Singh's livelihood

Chandan is a food entrepreneur who works 12 hours a day for 7 days a week. With this loan Chandan will potentially obtain employment for 546 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Chandan Singh has consented to pay the interest as below:

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

4.00%

7.20% APR

Platform
charges

6.00%

10.80% APR

Loan Details

The following section provides a detailed view of the investee loan requirement.

Loan
amount

75,000

Loan
tenure

24 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Food store

Investee Credit Rating:
Adequate

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

Udhyam Housed Under Agrani India Foundation
   view website
Partner logo

Established in

2017

With Rang De from

2020

Founded by

Pankaj Wadhwa

Udhyam Entrepreneurs' rural entrepreneurship program was conceived by the people working in Uttarakhand to encourage entrepreneurial development in rural communities of the Kumaon region of Uttarakhand. The idea behind the “Changemakers” program is to create entrepreneurs who create jobs and opportunities through mentoring and providing credit. As change agents, they facilitate this idea by being the drivers of change, further in their communities by creating a buzz about entrepreneurship and role models in the community.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS