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Dinesh Chandra

#Solopreneur# Dreamer
Uplift Dinesh Chandra's cosmetic shop

Retailpreneur

Rudraprayag, Uttarakhand

25,000 has been disbursed

312 potential days of livelihood i

4,169.95 is the current outstanding balance

83.32 0.01 16.67 20830 4167 3

83%

17%

0%


A father, an entrepreneur and now a businessman, Dinesh Chandra is challenging himself to become the best at his trade. He runs a cosmetic shop in Guptkashi where he sells cosmetic items. Now, in a bid to revamp the store, Dinesh has applied for the Rang De loan which he hopes will make his shop a must-visit for anyone looking to buy cosmetics. More customers at his shop mean he can send his two sons Krishna and Lovekush to good schools in the district. Choose to make a meaningful impact on Dinesh's life today.

I want to become a successful businessman.

About Dinesh Chandra's livelihood

Dinesh is a retailpreneur who works 8 hours a day for 6 days a week. With this loan Dinesh 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

Retail store

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

 

B

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

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 -725 days remaining

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