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Basanti

Murmu

Agripreneur

Keonjhar, Odisha

312 livelihood days

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Basanti

Murmu

#Hardworking
Support Basanti to make arrangements for irrigation and pay crop recurring costs.

Agripreneur

Odisha

312 potential days of livelihood

22,000 loan is fully repaid

22,000 loan is fully repaid


About Basanti

Basanti is a farmer from Keonjhar, Odisha. Agriculture brings in the main income for the family of five. With the help of this loan, she will be able to cultivate her farmland, water her crops, and sell them at the local agricultural market. She will pay for the crop recurring charges for the upcoming season. She will get a borewell, make arrangements for drip irrigation, and set up a solar system on her land. She will be able to have a nice income from these sales and spend this additional money on maintaining her farm. Invest in her farmland now!

About Basanti Murmu's livelihood

Basanti is an agripreneur who works 8 hours a day for 6 days a week. With this loan Basanti will potentially obtain employment for 312 days.

Interest Rate

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

22,000

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