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kanakalata

Mahanta

Agripreneur

kendujhar, Odisha

156 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

kanakalata

Mahanta

#Hardworking
kanakalata needs credit to build a shed for her chickens.

Agripreneur

Odisha

156 potential days of livelihood

8,000 loan is fully repaid

8,000 loan is fully repaid


About kanakalata

Kanakalata Mahanta has faced several obstacles in her village as she pushed forward to improve her family's standard of living. Despite the challenges, she is moving forward and continuing to carry out her business plans. This loan will help her construct a chicken shed and purchase a few more chickens. With the additional income produced by selling chicken eggs, Kanakalata will be able to build a better future for her and her family. Have your own share in empowering Kanakalata by contributing towards the growth of her family's income.

About kanakalata Mahanta's livelihood

kanakalata is an agripreneur who works 4 hours a day for 6 days a week. With this loan kanakalata will potentially obtain employment for 156 days.

Interest Rate

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