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Kununji

Hikaka

Agripreneur

Rayagada, Odisha

318 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Kununji

Hikaka

#provider#positive
Kununji needs a loan to purchase one more goat for her farm.

Agripreneur

Odisha

318 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Kununji

Kununji is from Rayagada and works in the fields of animal husbandry. She is a hardworking mother of three who is determined to make a better life for her children. She provides them with an education so that they may have bright futures, and also provides them with nutritious food every day. This loan will help Kununji buy one more goat for her farm and expand her business. This will also help her buy quality fodder and provide better care for them. You'll be a key player in helping Kununji's family establish themselves and become financially independent in the future.

About Kununji Hikaka's livelihood

Kununji is an agripreneur who works 7 hours a day for 7 days a week. With this loan Kununji will potentially obtain employment for 318 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Kununji Hikaka has consented to pay the interest as below:

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

3.20%

5.76% APR

Platform
charges

4.80%

8.64% APR

Loan Details

The following section provides a detailed view of the investee loan requirement.

Loan
amount

30,000

Loan
tenure

12 months

Moratorium

None

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

Indian Micro Enterprises Development Foundation
   view website
Partner logo

Established in

1995

With Rang De from

2021

Founded by

Dr.Ashok Khosla

Indian Micro Enterprises Development Foundation (IMEDF) is a social enterprise promoted by Development Alternatives Group with a vision to promote inclusive growth and inspire environmental sustainability through development of micro - enterprises.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS