false
false 0 0

Rahul Shukla

#persevering#diligent
Passionate Rahul is planning a revamp of his food stall

Food Entrepreneur

Rudraprayag, Uttarakhand

25,000 has been disbursed

318 potential days of livelihood i

5,555.54 is the current outstanding balance

87.5 0 12.5 19444 2778 0

88%

12%

0%


Rahul Shukla is a young man with a dream of owning a car one day . Rahul runs a food stall to support his small family which includes his mother and him. He previously worked as a farmer for a decade, but switched gears four years ago to follow his passion by setting up a food stall. Having seen the potential in this business, Rahul is now ready to make an upgrade using the loan he has applied for, and buy furniture and commercial kitchen equipment. He hopes these upgrades will help him service a whole lot of new customers, growing his food stall into a thriving business and hopefully allowing him to save up for his dream car. Invest in Rahul’s dreams today.

My dream is to expand my business and one day own my own car.

About Rahul Shukla's livelihood

Rahul is a food entrepreneur who works 7 hours a day for 7 days a week. With this loan Rahul 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

25,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Food stall

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 -668 days remaining

added to cart