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Elumalai

Chinnathambi

Agripreneur

Dharmapuri, Tamil Nadu

227 livelihood days

Borrower Image 1

Elumalai

Chinnathambi

#passionate#hustler
Elumalai needs to store his produce and prepare for the sowing season.

Agripreneur

Dharmapuri, Tamil Nadu

227 potential days of livelihood

39,000 loan is fully repaid

39,000 loan is fully repaid


About Elumalai

Elumalai has been growing turmeric for over five years now. His produce is ready and harvested. However, he needs credit to store his harvest and to buy inputs for the next season. These loans will help him to process the produce and avoid distress selling. It would enable him to buy essential inputs for the next cropping season. Support Elumalai financially.

About Elumalai Chinnathambi's livelihood

Elumalai is an agripreneur who works 5 hours a day for 7 days a week. With this loan Elumalai will potentially obtain employment for 227 days.

Interest Rate

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

Investee
pays

0.00% flat p.a.

0.00% APR

Social
Investor

0.00%

0.00% APR

Impact
Partner

up to 0.00%

0.00% APR

Platform
charges

0.00%

0.00% APR

Loan Details

The following section provides a detailed view of the investee loan requirement.

Loan
amount

39,000

Loan
tenure

6 months

Moratorium

None

Repayment
mode

Flexible repayments

Investee
occupation

Farming

Investee Credit Rating:
Very Good

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.

Co-curated and referred by our Impact Partner

Sittilingi Valley Organic Farmers Producer Company Ltd
   
Partner logo

Established in

2015

With Rang De from

2019

Founded by

Dr Regi George

Tribal Health Initiative began with the efforts of a doctor couple in Sittilingi Valley in 1993, catering to the health needs of the local Malaivasi tribal population. In 2004, after successful community health work in the region, the team realized that to holistically address the health issues of the population, other socio-economic concerns would have to be taken into consideration and improved upon. This was the motivation for starting the Tribal Farming Initiative which encouraged farmers to switch from cash crops and mono cropping to their traditional organic roots, as a means to improve their financial status by escaping debts and forced migration. The Sittilingi Valley Organic Farmers Association was formed with around 500 certified organic farmers promoting the further use of traditional seeds, organic fertilizers, pesticides and manure.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS