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Trilok Singh

#zealous#hardworking
Enable single parent Trilok start a mule rearing venture to support his kids

Agripreneur

Rudraprayag, Uttarakhand

35,000 has been disbursed

318 potential days of livelihood i

17,444.7 is the current outstanding balance

64.49 14.08 21.43 17555 5833 3834

64%

21%

14%


Trilok Singh is a humble and hardworking man. He is a father to three teenagers, Manisha, Isha, and Manish. For ten years, Trilok has been single-handedly supporting his family through his farming business. As a single parent with children who are in their teens, he feels the urgency to grow his income to meet the evolving needs of his family. He has thus decided to purchase a mule and provide transportation services, which is a common source of livelihood in Uttarakhand. Due to the terrain, mules are commonly used to transport goods, especially during the pilgrim and wedding season. This new business endeavour will help Trilok grow his income as he strives to become financially secure.

My dream is to start my own mule rearing business.

About Trilok Singh 's livelihood

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

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 -640 days remaining

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