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Jungi

Munda

Agripreneur

Keonjhar, Odisha

273 livelihood days

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Jungi

Munda

#Go-getter#Passionate
Jungi needs credit to invest in a poultry shed.

Agripreneur

Odisha

273 potential days of livelihood

8,000 loan is fully repaid

8,000 loan is fully repaid


About Jungi

Jungi Munda belongs to a small village named Koikhal. She is a hard-working mother who takes great interest in maintaining her family and their livelihood. Jungi is an expert in the animal husbandry business. Jungi's poultry shed is in a very bad state and she needs credit to make investments in it. The additional income produced by selling eggs and other poultry products will not only benefit Jungi, but also her entire family. Join Jungi and help her enhance her poultry shed and support her family.

About Jungi Munda's livelihood

Jungi is an agripreneur who works 6 hours a day for 7 days a week. With this loan Jungi will potentially obtain employment for 273 days.

Interest Rate

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

8,000

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