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Sangeeta Devi

#pioneer#spirited
Support spirited Sangeeta launch her dairy business

Agripreneur

Rudraprayag, Uttarakhand

40,000 has been disbursed

273 potential days of livelihood i

22,222.16 is the current outstanding balance

61.54 15.38 23.08 17778 6667 4444

62%

23%

15%


Sangeeta Devi is an aspiring mumpreneur looking to launch a new animal husbandry business. She has a decade of experience in farming but has chosen to shift gears to the animal husbandry sector in the wake of rising uncertainty surrounding farming due to climate change. She hopes to make use of the credit to finance the purchase of her first integral asset for her business. She wishes to buy a buffalo to generate an income by selling milk in her neighbourhood. She hopes to scale up the business and support her husband, son and daughter in law. Invest in Sangeeta as she defies all odds to secure a sound future for her family.

My dream is to start my own dairy business.

About Sangeeta Devi 's livelihood

Sangeeta is an agripreneur who works 6 hours a day for 7 days a week. With this loan Sangeeta will potentially obtain employment for 273 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

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

0 more to go -548 days remaining

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