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Himanshu Joshi

#strongwill#determined
Himanshu wishes to restock his store.

Agripreneur

Almora, Uttarakhand

75,000 has been disbursed

455 potential days of livelihood i

46,875 is the current outstanding balance

100 0 0 28125 0 0

100%

0%

0%


Himanshu is a young entrepreneur from Almora, Uttarakhand. He runs a store by selling agro-products to add to the family income and to support the education of two of his siblings. He is looking for a loan to invest in buying stock for his shop. Himanshu dreams of expanding his business and wishes for a better future for all around him. This loan will help him move closer to his dreams and foster the economy of this small town.

I wish to scale up my business and foster the rural economy.

About Himanshu Joshi's livelihood

Himanshu is an agripreneur who works 10 hours a day for 7 days a week. With this loan Himanshu will potentially obtain employment for 455 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

4.0%

7.2% APR

Impact
Partner i

up to 5.0%

9.0% APR

Platform
charges i

1.0%

1.8% APR

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 i

Investee
occupation

Agro products

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

 

A

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

A

Udhyam housed under Agrani India Foundation

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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