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#RootforRangDe

Rang De is India’s first social lending platform where you can invest in people from low income households and earn nominal - moderate returns.

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Suraj Arya

#hardworking#hustler
Invest in Suraj's dream of setting up a poultry enterprise.

Agripreneur

Almora, Uttarakhand

75,000 has been disbursed

455 potential days of livelihood i

65,625 is the current outstanding balance

66.67 0 0 6250 0 0

67%

0%

0%


About Suraj Arya

Suraj's two years in the animal husbandry business has him chasing his dreams. This humble man wants to purchase hens with the help of credit so he can support his small family. His dream is to start an independent poultry business where he can sell his produce, draw in more customers and then increase his monthly income. He hopes the additional income will ease the financial burden on his mother Bimla, who has been working tirelessly to make ends meet for the family. He wishes to use this credit in buying hens and investing in infrastructure for his poultry business. Lend a helping hand to Suraj today.

I wish to expand my business to provide employment to others in my village.

About Suraj Arya's livelihood

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

Interest Rate
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

Loan Details

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

Animal husbandry

Investee Credit Rating i :
Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

B

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

A

Co-curated and referred by our Impact Partner
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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