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Fulamani

Nayak

Agripreneur

Keonjhar, Odisha

156 livelihood days

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Fulamani

Nayak

#courageous#go-getter
Fulamani needs credit to build a shed for her backyard poultry business.

Agripreneur

Odisha

156 potential days of livelihood

10,000 loan is fully repaid

10,000 loan is fully repaid


About Fulamani

Fulamani Nayak is a resident of Keonjhar city of Odisha. She has five years of experience in the poultry business, and it is the major income source for her family. Together she and her husband manage the business of breeding hens. She needs to build a shed for her chickens as the wild animals are more in the area. The shed will protect the chickens and help them breed and produce more eggs. This will bring additional income to her family and will further strengthen the stability of this business. Invest in Fulamani's business now!

About Fulamani Nayak's livelihood

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

9 months

Moratorium

3 months

Repayment
mode

EMI

Investee
occupation

Animal husbandry

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