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Banao

Soren

logoAgripreneur

logo Kendujhar, Odisha

logo 10,000 has been disbursed

logo 52 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img b-img

Banao

Soren

#hardworking#dedicated
Banao needs to arrange borewell, drip irrigation, and solar system on his farm.

logoAgripreneur

logo Kendujhar, Odisha

logo 10,000 has been disbursed

logo 52 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

7,999.99 is
the current outstanding balance

75 0 25 2000 667 0

75%

25%

0%


Banao is a farmer, who lives in the district of Kendujhar, Orissa. He has been working on his farm for the last three years. This current loan will help him in arranging a borewell and a drip irrigation system and installing a solar system for his land. When his farm will be furnished with all the facilities he can easily produce vegetables and fruits and then can sell them in the market. Banao's goal is to have a better farm, and with your help, it will be possible. Support him now!

I wish to increase the yield and my income.

About Banao Soren's livelihood

Banao is an agripreneur who works 2 hours a day for 4 days a week. With this loan Banao will potentially obtain employment for 52 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

3.00% flat p.a.

5.40% APR

Social
Investor The rate of return an investor makes

2.00%

3.60% 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

1.00%

1.80% APR

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

Loan
amount

10,000

Loan
tenure

15 months

Moratorium

3 months

Repayment
mode

EMI Equated Monthly 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.

Collectives for Integrated Livelihood Initiatives
   

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

Your Investees

Total Lives Impacted

0

Days of Livelihood

0