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Kuntala

Sing

Agripreneur

Keonjhar, Odisha

130 livelihood days

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Kuntala

Sing

#determined#dedicated
Kuntala needs a shed to protect her chickens from predators and bad weather.

Agripreneur

Odisha

130 potential days of livelihood

8,000 loan is fully repaid

8,000 loan is fully repaid


About Kuntala

Kuntala Sing is a resident of Keonjhar, the eastern most district in Odisha and probably one of the poorest areas of the state. Kuntala's family is entirely dependent on animal husbandry. However, they do not have a place to keep their chickens protected from the scorching sun or rain and other predators. A loan will help Kuntala Sing construct a shed so that her chickens can be protected. With a place to keep her chickens, she will have healthy and growing chickens, increase egg production, and be able to make her family's life more prosperous.

About Kuntala Sing 's livelihood

Kuntala is an agripreneur who works 4 hours a day for 5 days a week. With this loan Kuntala will potentially obtain employment for 130 days.

Interest Rate

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