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Pareeta Devi

#hardworking#determined
Support mum of three Pareeta Devi buy a cow so she can kick start a dairy business

Agripreneur

Rudraprayag, Uttarakhand

35,000 has been disbursed

318 potential days of livelihood i

23,333.3 is the current outstanding balance

60 10 30 11667 5833 1944

60%

30%

10%


Inspired by other women in her community, Pareeta is planning to start a small scale dairy business. The mother of three is seeking credit to make a crucial purchase of a cow and cover the cost of transporting the cow up the steep terrains to her village where her house is. Pareeta has been working as a farmer for over a decade, and she hopes that this additional venture will help her grow her income and better support her family. Her three children, fifteen-year-old Goldi, ten-year-old Raj, eight-year-old Kamna, are all still enrolled in school and her husband Sate works in the agricultural sector. Pareeta’s dream is to grow her dairy business and support her family through this livelihood activity. Empower Pareeta with your investment.

My dream is to start a dairy business.

About Pareeta Devi's livelihood

Pareeta is an agripreneur who works 7 hours a day for 7 days a week. With this loan Pareeta 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

35,000

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

A

Financial
Profile i

B

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 -524 days remaining

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