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Ajha

Majhi

Agripreneur

Keonjhar, Odisha

195 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Ajha

Majhi

#provider#resilient
Ajha needs to pay the crop recurring deposits and get a proper irrigation system.

Agripreneur

Odisha

195 potential days of livelihood

15,000 loan is fully repaid

15,000 loan is fully repaid


About Ajha

Ajha is a strong woman, who strives for progress through farming. She is a resident of Keonjhar and lives with her family of six. The major issue she faces is the lack of a proper irrigation system on her farm. By taking a loan, Ajha will be able to pay the crop recurring deposit, get a borewell and a drip irrigation system for her crop, and install a solar system also. By doing this, she will be able to grow more crops in her field throughout the year and make good profits. Support Ajha to have successful farming seasons ahead!

About Ajha Majhi's livelihood

Ajha is an agripreneur who works 5 hours a day for 6 days a week. With this loan Ajha will potentially obtain employment for 195 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Ajha Majhi has consented to pay the interest as below:

Investee
pays

3.00% flat p.a.

5.40% APR

Social
Investor

2.00%

3.60% APR

Platform
charges

1.00%

1.80% APR

Loan Details

The following section provides a detailed view of the investee loan requirement.

Loan
amount

15,000

Loan
tenure

15 months

Moratorium

3 months

Repayment
mode

EMI

Investee
occupation

Farming

Investee Credit Rating:
Very Good

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

Collectives for Integrated Livelihood Initiatives
   
Partner logo

Established in

2007

With Rang De from

2021

Founded by

TODO

Collectives for Integrated Livelihood Initiatives(CInI), Janshedpur,, established on May 17,2007 is a nodal agency of tata trusts, anchoring the Central India Initiatives. CInI aims to transform the lives of tribal households in the Central India tribal belts, through building knowledge & scaling up programs in thematic area of agriculture productivity stabilization, forest based livelihoods, water resources development, drinking water & sanitization, microfinance & strengthening community based organisation. CInI work on Lakhpati Kisan Initiatives: creating 'Lakhpati Kisan' & building 'Smart Villages'

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS