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Chumanu

Sundi

Agripreneur

Kendujhar, Odisha

156 livelihood days

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Chumanu

Sundi

#gogetter# dreamer
Chumanu wishes to set up energy efficient irrigation systems on her farm.

Agripreneur

Odisha

156 potential days of livelihood

10,000 loan is fully repaid

10,000 loan is fully repaid


About Chumanu

Chumanu lives in a small village in the state of Odisha, where there is an abundance of natural resources. In this setting, she has operated her farm for four years, producing a good harvest each year. However, a lack of irrigation systems is preventing her farm from receiving the water that would nourish her crops to produce a larger harvest. With your assistance, she aspires to purchase energy efficient irrigation systems and install them in her fields. Once in place, they will be able to survive under the scorching rays of the summer sun and withstand the heavy downpours of the monsoon. With water supplied to her crops, she will be able to increase her farm's yield and expand the radius of her farm. Support Chumanu bring abundant yield to her land with your investment.

About Chumanu Sundi's livelihood

Chumanu is an agripreneur who works 6 hours a day for 4 days a week. With this loan Chumanu will potentially obtain employment for 156 days.

Interest Rate

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

10,000

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