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Basta

Soren

Agripreneur

Keonjhar, Odisha

15,000 has been disbursed

195 livelihood days

Borrower Image 1 Borrower Image 2

Basta

Soren

#dedicated#believer
Support Basta to pay crop recurring costs and arrange irrigation on his farm.

Agripreneur

Odisha

15,000 has been disbursed

195 potential days of livelihood

1,993.65 is
the current outstanding balance

86.71 0 0 13.29 13006 0 0 1994

87%

0%

0%

13%


About Basta

Basta Soren, who resides in Keonjhar, is a hardworking man who has been in the farming profession for eight years. He owns three acres of the land, but has difficulty arranging irrigation and paying for crop recurring costs, which are necessary for the growth and development of crops. The loan provided will help him get a borewell, set up drip irrigation, and install a solar system on his land. He will also make the crop recurring deposits. It will also help him to expand his business by buying necessary farming implements. Support Basta to have a good farming season!

About Basta Soren's livelihood

Basta is an agripreneur who works 5 hours a day for 6 days a week. With this loan Basta will potentially obtain employment for 195 days.

Interest Rate

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

15,000

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'

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS