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Santoshi Devi

#enthusiastic#spirited
Contribute to Santoshi's mule purchase so she can kick-start a new business

Agripreneur

Rudraprayag, Uttarakhand

35,000 has been disbursed

318 potential days of livelihood i

23,333.3 is the current outstanding balance

40 40 20 11667 5833 11667

40%

20%

40%


Rudraprayag resident Santoshi Devi has been working as a farmer for ten years. Now, to meet the growing needs of her family, Santoshi has decided to open the doors to progress by venturing into the animal husbandry sector so she can grow her monthly income. Having saved a fund of rupees 20,000, Santoshi is now seeking rupees 35,000 in the form of credit to purchase a mule. Mules are a common source of livelihood for many in Uttarakhand as they are used to transport goods during the pilgrim season. Santoshi hopes that this business will enable her to better support her husband, Kuldeep who works in the agricultural sector and her two-year-old toddler Akashit. Join hands with Santoshi today.

My dream is to start a mule rearing business.

About Santoshi Devi 's livelihood

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

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 -642 days remaining

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