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Mahina

Majhi

Agripreneur

Keonjhar, Odisha

156 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Mahina

Majhi

#hardworking#ambitious
Support Mahina to build a shed for her backyard poultry business.

Agripreneur

Odisha

156 potential days of livelihood

8,000 loan is fully repaid

8,000 loan is fully repaid


About Mahina

Mahina Majhi is a resident of Keonjhar. Mahina inherited a small backyard poultry business from her parents. She runs this business with the help of her husband, who helps her to care for the birds and sell their produce. This business provides the family with extra income and a nice supply of eggs. It also enables them to support themselves and their families. With the help of this loan, Mahina hopes to purchase additional poultry and feed to expand her business. She will also build a shed in her backyard to protect her chickens from seasonal changes and the elements. Invest in Mahina to support her mission of working towards the growth of her business.

About Mahina Majhi 's livelihood

Mahina is an agripreneur who works 4 hours a day for 6 days a week. With this loan Mahina will potentially obtain employment for 156 days.

Interest Rate

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