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Jubai

Naik

Agripreneur

Mayurbhanj, Odisha

182 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Jubai

Naik

#hardworking# gogetter
Jubai Naik needs credit to build a shed for goats.

Agripreneur

Odisha

182 potential days of livelihood

5,000 loan is fully repaid

5,000 loan is fully repaid


About Jubai

Jubai Naik is a resident of Doida village, where she established her own animal husbandry business, four years ago. She has a number of animals which are meant for breeding purposes, including several goats which she purchased last year. They are securely kept in a shed which is at present not sturdy enough; this is why she is applying for a loan of Rs. 5000 to build a more stable shed. With the help of the loan, she will be able to purchase the necessary building materials, such as roof tiles. This loan will help her build a shed that is safe and secure for the animals, as well as help them produce healthy offspring. In addition, the extra income generated by selling the offspring will help Jubai pay for the education of her children and build a better future for them.

About Jubai Naik's livelihood

Jubai is an agripreneur who works 4 hours a day for 7 days a week. With this loan Jubai will potentially obtain employment for 182 days.

Interest Rate

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

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