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Laxmipriya

Munda

Agripreneur

Keonjhar, Odisha

195 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4

Laxmipriya

Munda

#Hardworking
Laxmipriya needs to pay crop recurring deposit and arrange irrigation on her farm.

Agripreneur

Odisha

195 potential days of livelihood

17,000 loan is fully repaid

17,000 loan is fully repaid


About Laxmipriya

Laxmipriya is a married woman and a mother of two children. She has been farming for over six years to support her family and provide for her children's education. Due to a lack of irrigation facilities, Laxmipriya had to face a lot of crop loss during the monsoon season in the past years. This time, Laxmipriya is committed to making her crop produce a good yield. With the support of Rang De, Laxmipriya will get a borewell, arrange a drip irrigation system, install a solar system on her land and pay her crop recurring deposit so that she can hold on to her farm even during the crisis. Support her meet the credit needs and start the new season on time!

About Laxmipriya Munda's livelihood

Laxmipriya is an agripreneur who works 5 hours a day for 6 days a week. With this loan Laxmipriya will potentially obtain employment for 195 days.

Interest Rate

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

17,000

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