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Deepak Singh

#enterprising#passionate
Fund Deepak's buffalo purchase so he can support his siblings and parents

Agripreneur

Rudraprayag, Uttarakhand

35,000 has been disbursed

318 potential days of livelihood i

11,668.04 is the current outstanding balance

80 0 20 23332 5833 1

80%

20%

0%


Deepak Singh is a brother, a son, a graduate and a businessman running an animal husbandry business for the last ten years. He is now seeking credit to purchase a buffalo to strengthen his business as he supports his family. Deepak has two siblings twenty-one-year-old Beepin and nine-year-old Ankit who are currently studying. Using the credit, Deepak wants to increase his milk production through an integral buffalo purchase. He will then sell the milk to the local corporation and create a steady stream of income. He hopes the new business will ease the burden on his parents who work tirelessly for hours each day in the agricultural sector. Support Deepak on his journey today.

My dream is to start a dairy business soon.

About Deepak Singh 's livelihood

Deepak is an agripreneur who works 7 hours a day for 7 days a week. With this loan Deepak will potentially obtain employment for 318 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

35,000

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

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 -662 days remaining

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