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Hemlata

Gaipai

Agripreneur

Kendujhar, Odisha

156 livelihood days

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Hemlata

Gaipai

#dedicated# rolemodel
Invest in Hemlata to set up irrigation and solar system on her farm.

Agripreneur

Odisha

156 potential days of livelihood

7,500 loan is fully repaid

7,500 loan is fully repaid


About Hemlata

Hemlata is a hard-working woman, who has been in the farming business for many years. Hemlata comes from a family of four. Her life had been difficult due to the lack of irrigation facilities on her farm. The loan will help her to establish drip irrigation on her farm and get a pond dug. She will also set up a solar panel on her land. The remaining amount will be used to pay the crop recurring charge. This will ensure that her farm runs well and she can suggest the best practices to her neighbours. She will earn a regular income from her farm and help her family to build a sound future for themselves. Support her now!

About Hemlata Gaipai's livelihood

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

7,500

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