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Satye Singh

#Retailpreneur# zealous
Invest in the goals of this devoted father

Retailpreneur

Rudraprayag, Uttarakhand

25,000 has been disbursed

312 potential days of livelihood i

14,584 is the current outstanding balance

44.11 38.24 17.65 10416 4167 9028

44%

18%

38%


Every town needs a Satye. He's an ambitious businessman and a father determined to see his children settle down in life as successful individuals. In a bid to make this happen, Satye is taking a loan and widening the prospects at his retail shop. He's aware that he needs to meet the growing demands of the market and is, therefore, procuring daily needs items to stock up at the store. With his daughter aspiring to become a doctor, putting her and her brother in a good school is a top priority. Invest in the dreams of this father.

I hope to provide quality education so my daughter can grow into a doctor.

About Satye Singh's livelihood

Satye is a retailpreneur who works 8 hours a day for 6 days a week. With this loan Satye will potentially obtain employment for 312 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

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

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

0 more to go -720 days remaining

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