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Kamla

Devi

Beautypreneur

Rudraprayag, Uttarakhand

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4

Kamla

Devi

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

Beautypreneur

Uttarakhand

273 potential days of livelihood

25,000 loan is fully repaid

25,000 loan is fully repaid


About Kamla

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.

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.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Kamla Devi has consented to pay the interest as below:

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

5.00%

9.00% APR

Platform
charges

5.00%

9.00% APR

Loan Details

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

Investee
occupation

Beauty parlour

Investee Credit Rating:
Good

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

Ushamath Mahila Mahasangh

   
Uttarakhand
Partner since 2019
Partner logo

About

UMM is an apex federation of women SHGs established in 2005, registered under Uttrakhand self-reliant cooperative act 2003, to meet the financial service needs of the poor living in one of the most underserved areas of Uttrakhand. UMM's mandate has been to focus on solutions that provide direct socio economic improvement to the marginalized and low-income households. AT India and UMM work in a predominantly rural, hill-based economy. There are limited avenues to credit access and lack of sustainable livelihood sources in these regions.

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.

Rupees Icon

Rs 43,90,000

Disbursed
User circle icon

127

Investees
Repayment icon

98.0%

Repayments
Left quotes

We have partnered with Rang De to ensure financial inclusion to the most excluded communities of Uttarakhand.

- UMM
RIght quotes
whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS