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Jeetpal Singh

#spirited#tireless
Support Jeetpal as he buys a buffalo to start his entrepreneurial journey

Agripreneur

Rudraprayag, Uttarakhand

35,000 Loan is fully repaid

227 potential days of livelihood i


Hailing from Rudraprayag, Jeetpal Singh has 15 years of farming experience behind him. Now, Jeetpal wants to make good use of his savings of rupees 30,000 and has decided to purchase a buffalo. In order to fund this purchase, Jeetpal is seeking an additional loan of rupees 35,000. The buffalo will enable Jeetpal to make better financial returns through the sales of milk to the local corporation. This will help Jeetpal better support his wife Sarojani who works in the agricultural sector, as they both save up to start a dairy business, a dream venture for Jeetpal. The dairy business will supplement Jeetpals’s farming business enabling him to fend for his small family as he makes financial progress. Invest in Jeetpal so his dream venture can come to life.

My dream is to start a full-fledged dairy business.

About Jeetpal Singh 's livelihood

Jeetpal is an agripreneur who works 7 hours a day for 5 days a week. With this loan Jeetpal will potentially obtain employment for 227 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

10 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 -631 days remaining

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