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Laxmi

Hembram

Agripreneur

Kendujhar, Odisha

117 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Laxmi

Hembram

#strength#breadwinner
Invest in Laxmi to have a profitable yield in the new farming season.

Agripreneur

Odisha

117 potential days of livelihood

17,800 loan is fully repaid

17,800 loan is fully repaid


About Laxmi

Laxmi is a resident of Kendujhar, Odisha, and a hard-working woman who has been working in the field of agriculture for the past eleven years. The loan will be used for her business growth and for additional income for her family. She will invest in buying inputs, getting a bore well dug for her farm, fixing a solar system and drip irrigation system, and meeting the crop recurring costs. She will be able to prepare for the upcoming farming season and invest in her business. She will sell the produce in the market to make an income for her family. Support Laxmi as she wishes to build a bright future!

About Laxmi Hembram's livelihood

Laxmi is an agripreneur who works 3 hours a day for 6 days a week. With this loan Laxmi will potentially obtain employment for 117 days.

Interest Rate

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

17,800

Loan
tenure

15 months

Moratorium

3 months

Repayment
mode

EMI

Investee
occupation

Farming

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