false
false 0 0 eXeE6L6qit

Bana

Nayak

Agripreneur

Nabarangpur, Odisha

234 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4

Bana

Nayak

#breadwinner#hustler
Bana needs to buy quality sugarcane seeds, fertilizers, and pesticides.

Agripreneur

Odisha

234 potential days of livelihood

40,000 loan is fully repaid

40,000 loan is fully repaid


About Bana

Bana Nayak is an experienced farmer who lives in Nabarangpur, Orissa. Being a breadwinner of a family of eight, Bana holds great responsibility to provide better for them. At present she needs credit to purchase quality seeds, fertilizers, and pesticides for sugarcane cultivation in the upcoming season. She hopes to enhance her income and to be able to fund her son’s education. Invest in Bana today!

About Bana Nayak's livelihood

Bana is an agripreneur who works 6 hours a day for 6 days a week. With this loan Bana 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. Bana Nayak has consented to pay the interest as below:

Investee
pays

0.00% flat p.a.

0.00% APR

Social
Investor

0.00%

0.00% APR

Platform
charges

0.00%

0.00% APR

Loan Details

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

Loan
amount

40,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

Flexible repayments

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

Harsha Trust

   
Orissa
Partner since 2020
Partner logo

About

Established in 2002, Harsha Trust works collaboratively with NGOs, government, and corporations to help small and marginal farmers increase their income and overcome poverty. They have been working mainly with the tribes of South and West Odisha. Harsha Trust primarily implements grassroots development projects for sustainable natural resource/enterprise-based livelihood generation and better health of communities. Over the last 17 years, it has worked intensively with more than 1,20,000 households to provide them with a higher income and a better quality of life.

Impact Narrative

With institutional credit drying up, Rang De has joined forces with Harsha Trust to provide small and marginal farmers interest free loans to purchase seeds and fertilisers for the Kharif season.

Rupees Icon

Rs 3,79,26,000

Disbursed
User circle icon

2188

Investees
Repayment icon

98.0%

Repayments
Left quotes

The credit need among our community members is immediate. The timely credit from Rang De will help the farmers to grow the Kharif crop to their full capacity ensuring income and nutrition in their household during this time of uncertainty.

- Kallul Bora, Executive Director, Harsha Trust
RIght quotes
whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS