false 0 0

Kusum Devi

#pioneer#driven
Pitch into Kusum Devi's cattle fund as she dreams of owning a milk van

Agripreneur

Rudraprayag, Uttarakhand

40,000 has been disbursed

318 potential days of livelihood i

22,222.16 is the current outstanding balance

88.89 0 11.11 17778 2222 0

89%

11%

0%


Kusum Devi is readying herself to launch a new business. She has decided to help make ends meet for her family by kick-starting a small animal husbandry business. Kusum is seeking credit for Rs. 40,000 to add to her savings of Rs. 20,000 to buy a buffalo. The buffalo will enable her to sell milk and thereby provide her with an income. She hopes that this will be the first step towards launching a full-fledged dairy business that will enable her to become financially stable and independent. She also dreams of buying a milk van to provide door to door milk delivery services to complement her dairy business. Join hands with Kusum to help her build a successful future for her family.

I dream of starting a dairy-business and owning a milk van.

About Kusum Devi's livelihood

Kusum is an agripreneur who works 7 hours a day for 7 days a week. With this loan Kusum will potentially obtain employment for 318 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

40,000

Loan
tenure

18 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

B

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

100%

Repayments

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

- UMM

0 more to go -458 days remaining

added to cart