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Soni Devi

#spirited#tireless
Invest in Soni as she purchases a cow to better her quality of life

Agripreneur

Rudraprayag, Uttarakhand

40,000 has been disbursed

273 potential days of livelihood i

27,999.98 is the current outstanding balance

41.54 35.38 23.08 12000 6667 10222

42%

23%

35%


Hailing from Rudraprayag, Uttarakhand is mumpreneur Soni Devi. She is a determined woman who dreams of providing her children with good education and medical facilities. As an aspiring businesswoman, Soni wishes to launch a small animal husbandry business to share the role of breadwinner with her husband Rajendra Singh who works as a driver. Soni Devi has thus applied for a loan to finance the purchase of a milking cow and its feed to earn an income from selling milk and dairy products. She hopes to add to the family income to support her children and in the long-run expand her animal husbandry business into a dairy business. Join hands with spirited Soni today.

My dream is to provide my children with a good education.

About Soni Devi's livelihood

Soni is an agripreneur who works 6 hours a day for 7 days a week. With this loan Soni 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 -597 days remaining

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