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Ambika

Munda

Agripreneur

Kendujhar, Odisha

7,000 has been disbursed

234 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Ambika

Munda

#hardworking#dedicated
Support Ambika to arrange a borewell, drip irrigation, and solar system on her farm.

Agripreneur

Odisha

7,000 has been disbursed

234 potential days of livelihood

3,729.3 is
the current outstanding balance

46.72 0 0 53.28 3271 0 0 3729

47%

0%

0%

53%


About Ambika

Ambika is a skilled farmer from Kendujhar, Odisha. She has been farming for over five years. The extreme weather change in the recent years has made farming pretty hard for farmers. Ambika also has to do a lot of efforts to make sure that her crops grow in time and to get produce to market. She needs a loan to get a borewell, install a solar system, and a drip irrigation system which will help her to cultivate the farm in a better way. She is eagerly waiting for the loan to be approved so that she can start the new farming season with ease. Support her today!

About Ambika Munda's livelihood

Ambika is an agripreneur who works 6 hours a day for 6 days a week. With this loan Ambika will potentially obtain employment for 234 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Ambika Munda 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

7,000

Loan
tenure

15 months

Moratorium

3 months

Repayment
mode

EMI

Investee
occupation

Farming

Investee Credit Rating:
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'

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS