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Vir Singh

#spirited# tireless
Fund Vir as he serves delightful food to the residents of Rudraprayag

Food Entrepreneur

Rudraprayag, Uttarakhand

25,000 has been disbursed

273 potential days of livelihood i

8,335.96 is the current outstanding balance

74.99 6.26 18.75 16664 4167 1392

75%

19%

6%


If you ever happen to hop around Rudraprayag, you shouldn’t miss out on Vir Singh’s food stall. The humble father of two is famous for whipping up the most delicious treats, the kind that will have you craving more. Vir sees opportunities to expand, and is hoping that with the aid of the Rang De loan, he will be able to refurbish his food stall, and diversify his menu with more food items. Contribute to see Vir become Rudraprayag’s most sought after chef.

My dream is to run a thriving food stall.

About Vir Singh 's livelihood

Vir is a food entrepreneur who works 6 hours a day for 7 days a week. With this loan Vir 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

25,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Food stall

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

 

A

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

0 more to go -697 days remaining

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