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Bhagyalata

Naik

logoAgripreneur

logo Ganjam , Odisha

logo 318 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Bhagyalata

Naik

#passionate#hustler
Bhagyalata needs quality seeds, fertilizers, and pesticides to begin the new season.

logoAgripreneur

logo Ganjam , Odisha

logo 318 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

6,000 loan is fully repaid

6,000 loan is fully repaid


Bhagyalata has been farming her land for over ten years now. She is from Ganjam, Orissa, and feeds a family of three. Her experiences have taught her many lessons. She is strong and hopeful at the sight of peril. Currently, she is struggling to meet her credit needs. She has to make arrangements for seeds, fertilizers, and pesticides to begin the new sowing season. The sowing of seeds at the right time is essential. This loan will help her subsist and meet the expenses of all her requirements. Invest in her will to thrive.

I wish to build a big house for my family.

About Bhagyalata Naik's livelihood

Bhagyalata is an agripreneur who works 7 hours a day for 7 days a week. With this loan Bhagyalata will potentially obtain employment for 318 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

2.00%

3.60% APR

Impact
Partner The rate of return an impact partner makes

up to 3.00%

5.40% 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

6,000

Loan
tenure

10 months

Moratorium

2 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.

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