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Janaki

Shundi

Agripreneur

Keonjhar, Odisha

130 livelihood days

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Janaki

Shundi

#go-getter#hustler
Enable Janaki to make crop recurring deposits and arrange drip irrigation.

Agripreneur

Odisha

130 potential days of livelihood

5,000 loan is fully repaid

5,000 loan is fully repaid


About Janaki

Janaki Shundi is from Keonjhar and works as a farmer for over seven years. She cultivates paddy and vegetables and sells in the market. She knows the importance of water for cultivating these crops, however, the traditional sources of watering plants, such as wells and canals, are often damaged and she is unable to water her crop at the right time. With the loan, she will be able to make crop recurring deposits and arrange drip irrigation on her farm. This will enable her to water her crops at the right time and hopefully grow good crops. Lend a helping hand to Janaki!

About Janaki Shundi's livelihood

Janaki is an agripreneur who works 4 hours a day for 5 days a week. With this loan Janaki will potentially obtain employment for 130 days.

Interest Rate

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

5,000

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