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Amita

Raipatro

logoAgripreneur

logo Gajapati, Odisha

logo 10,000 has been disbursed

logo 364 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Amita

Raipatro

#Improve farming
Amita needs a loan to purchase farm inputs.

logoAgripreneur

logo Gajapati, Odisha

logo 10,000 has been disbursed

logo 364 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

10,000 is
the current outstanding balance


Amita is a hard-working woman from the district of Gajapati who leads a family of four. She owns two acres of land on which she cultivates corn, millet, groundnut and other crops. Having been doing farming for many years, Amita knows the importance of good farming practices. She needs a loan to purchase seeds and fertilisers for the next year's crops. Invest in Amita Raipatro as she purchases seeds and fertilisers and stays true to good farming practices.

I wish to become a successful farmer.

About Amita Raipatro's livelihood

Amita is an agripreneur who works 8 hours a day for 7 days a week. With this loan Amita will potentially obtain employment for 364 days.

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

Investee
pays The rate of interest charged to the investee

6.00% flat p.a.

10.80% APR

Social
Investor The rate of return an investor makes

6.00%

10.80% APR

Impact
Partner The rate of return an impact partner makes

up to 0.00%

0.00% APR

Platform
charges The charges, the platform incurs by offering it's services

0.00%

0.00% APR

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

Loan
amount

10,000

Loan
tenure

9 months

Moratorium

None

Repayment
mode

EQI Equated Quarterly Instalment

Investee
occupation

Farming

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

Gram Vikas
   view website

Established in

1979

With Rang De from

2020

Founded by

Mr. Joe Madiath

Gram Vikas, which literally translates to “Village Development”, has been working for the well-being of tribal and marginalized communities in inaccessible rural areas since 1979. Gram Vikas strives to promote sustainable, socially inclusive and gender equitable practices amongst these communities, thus enabling them to take control over their lives and reach a heightened sense of empowerment. The Vision of Gram Vikas is 'An equitable and sustainable society where people live in peace with dignity'. Gram Vikas' Mission is 'to promote processes which are sustainable, socially inclusive and gender equitable to enable critical masses of poor and marginalized rural people or communities to achieve a dignified quality of life'. Which would be characterized by: Assured access to basic education and adequate health services, Sustainable use and management of natural resources, Options for appropriate family and community infrastructure and sources of energy, Strong self-governing people’s institutions with equal participation of men and women.

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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0