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Shailendra Singh

#spirited#tireless
Support hardworking Shailendra uplift his retail store so his business can progress

Retailpreneur

Rudraprayag, Uttarakhand

35,000 has been disbursed

318 potential days of livelihood i

5,905.05 is the current outstanding balance

99.75 0 0.25 29095 72 0

100%

0%

0%


Young Shailendra Singh is a graduate and works seven days a week for seven hours each day running his retail store in Rudraprayag. An ambitious entrepreneur, Shailendra wants to grow his income to support his wife Rashmi who is also a graduate working in the agricultural sector. His dream is to see the positive expansion of his retail store over the next few years. His first step towards this plan is to restock the winter clothing at the store well before the cold season begins so he can attract many more customers. A successful business will mean Shailendra will be able to create more employment opportunities for the many residents of Uttarakhand. Join Shailendra on his exciting journey today.

My dream is to expand my retail business.

About Shailendra Singh 's livelihood

Shailendra is a retailpreneur who works 7 hours a day for 7 days a week. With this loan Shailendra 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

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

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

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