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Rajeswari Devi

#diligent#focused
Rajeshwari plans to purchase a mule to cater to local transportation demands

Agripreneur

Rudraprayag, Uttarakhand

35,000 has been disbursed

318 potential days of livelihood i

7,777.7 is the current outstanding balance

93.33 0 6.67 27222 1944 0

93%

7%

0%


Rajeswari Devi is an ambitious mother striving to support her small family. She has seen an opportunity in the mule rearing business in her village in Rudraprayag. Mules are commonly used for transporting goods through the difficult terrains of Uttarakhand during pilgrimages and marriages as well. Rajeswari wants to invest in one mule so she can tap into the transportation demand and make some financial returns during the pilgrim season. Her earnings will be used to finance the education of her three children, while a small fund will be set aside so that she can buy a motorbike to ease transportation for her family. Invest in Rajeswari today.

My dream is to start a mule rearing business and to one day buy a motorbike.

About Rajeswari Devi's livelihood

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

86%

Repayments

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

- UMM

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