₹ 6,983.36 is
the current outstanding balance
53%
0%
0%
47%
Farming has been the source of income for Laxmi's family. Her experience of six years has taught her that having the right type of raw materials goes a long way in determining the quality of her produce. This credit, she avails will be used to invest in eco-friendly and sustainable irrigation systems for her farm. Invest in Laxmi and contribute to her wellbeing.
Laxmi is an agripreneur who works 4 hours a day for 5 days a week. With this loan Laxmi will potentially obtain employment for 130 days.
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
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 15,000
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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