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Kamla Devi

#hardworking#resilient
Beautician Kamla Devi wants to uplift her salon

Beautypreneur

Rudraprayag, Uttarakhand

25,000 has been disbursed

273 potential days of livelihood i

17,452.98 is the current outstanding balance

33.96 47.29 18.75 7547 4167 10509

34%

19%

47%


Kamla Devi is a hard-working and resilient woman. She runs her beauty salon six days a week. Now, Kamla is looking to uplift her salon in the hopes of attracting new customers and offering better quality services to her existing customer base. The Rang De loan will help her finance the purchases of new equipment required to improve the quality of her salon’s services. Furthermore, she hopes that increased profits can be saved up to give her children a good education, as they aspire to work for the government. Fund Kamla's dream today.

My dream is to provide a good education to my children as they aspire to work in government jobs.

About Kamla Devi's livelihood

Kamla is a beautypreneur who works 7 hours a day for 6 days a week. With this loan Kamla will potentially obtain employment for 273 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

Beauty parlour

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 -677 days remaining

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