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Duli

Marndi

Agripreneur

Kendujhar, Odisha

156 livelihood days

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Duli

Marndi

#Hardworking
Invets in Duli's irrigation project.

Agripreneur

Odisha

156 potential days of livelihood

14,000 loan is fully repaid

14,000 loan is fully repaid


About Duli

Duli's experience of two years has taught her that preserving land, soil and water is the only way to increase long term profits. To do that she wishes to engage in sustainable farming practices. This is a loan to help Duli Marndi's project of installing a drip irrigation system to his field. Duli has been farming for the past two years by growing rice, chilli and brinjal. Money lent to him will be used to buy materials like pipes, pumps, wires, electricity meters and other related parts.

About Duli Marndi's livelihood

Duli is an agripreneur who works 4 hours a day for 6 days a week. With this loan Duli 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. Duli Marndi 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

14,000

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