₹ 5,329.8 is
the current outstanding balance
72%
0%
0%
28%
Kaikeyee Naik is a resident of Keonjhar and is a farmer by profession. She has been farming for the past 6 years, and is requesting a loan to expand her business. In order to be more successful, she wishes to invest in irrigation and solar facility for her farm.With an investment in agriculture, she will be able to add to her monthly income and increase her livelihood. Invest in Kaikeyee to help her expand her farmland and build a promising future.
Kaikeyee is an agripreneur who works 5 hours a day for 6 days a week. With this loan Kaikeyee will potentially obtain employment for 195 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Kaikeyee 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
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 19,000
Loan
tenure
15 months
Moratorium
3 months
Repayment
mode
EMI
Investee
occupation
Farming
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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