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Sanjay Singh

#courageous#gogetter
Sanjay needs credit to expand his retail business.

Retailpreneur

Nainital, Uttarakhand

75,000 has been disbursed

455 potential days of livelihood i

50,000 is the current outstanding balance

100 0 0 25000 0 0

100%

0%

0%


Sanjay lives with a family of four. His mother has been working all her live to provide her sons with a good future. With both his brothers working, Sanjay to contribute to the family income, thereby taking the burden off his mother's shoulders. He owns a business in Nanital, Uttarakhand. He is looking to expand the business. Expanding the business would mean a higher income for the family. He wishes to use this credit to invest in several raw materials and accessories for his shop. He wishes to provide his siblings with a good future by making his business accessible to all the people in his city. This credit would help in making his dreams come true.

I wish to open a big shop in my village.

About Sanjay Singh's livelihood

Sanjay is a retailpreneur who works 10 hours a day for 7 days a week. With this loan Sanjay will potentially obtain employment for 455 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

4.0%

7.2% APR

Impact
Partner i

up to 5.0%

9.0% APR

Platform
charges i

1.0%

1.8% APR

The following section provides a detailed view of the investee loan requirement.

Loan
amount

75,000

Loan
tenure

24 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Retail store

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

 

B

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

A

Udhyam housed under Agrani India Foundation

Established in

2017

With Rang De from

2020

Founded by

Pankaj Wadhwa

Udhyam Entrepreneurs' rural entrepreneurship program was conceived by the people working in Uttarakhand to encourage entrepreneurial development in rural communities of the Kumaon region of Uttarakhand. The idea behind the “Changemakers” program is to create entrepreneurs who create jobs and opportunities through mentoring and providing credit. As change agents, they facilitate this idea by being the drivers of change, further in their communities by creating a buzz about entrepreneurship and role models in the community.

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