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Januari

Bari

Agripreneur

Mayurbhanj, Odisha

117 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Januari

Bari

#hardworking#positive
Support Januari to get a borewell, drip irrigation, and pay crop recurring deposits.

Agripreneur

Odisha

117 potential days of livelihood

15,000 loan is fully repaid

15,000 loan is fully repaid


About Januari

Januari is a marginal farmer from Mayurbhanj, Odisha. She lives with her husband and children and agriculture is the only source of income for the family. Water availability for farming has been a big issue in her area and she also struggles due to the same. As the new season is around the corner, she wishes to get a borewell and drip irrigation system for her farm so that she can water her crops well. She requires a loan for the same and it will be also used to pay the crop recurring deposits. Support Januari to cultivate her land well and get a good yield.

About Januari Bari's livelihood

Januari is an agripreneur who works 3 hours a day for 6 days a week. With this loan Januari will potentially obtain employment for 117 days.

Interest Rate

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

15,000

Loan
tenure

15 months

Moratorium

3 months

Repayment
mode

EMI

Investee
occupation

Farming

Investee Credit Rating:
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