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Maina

Soren

Agripreneur

Keonjhar, Odisha

234 livelihood days

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Maina

Soren

#Hardworking
Support Maina to make crop recurring deposits and arrange borewell and drip irrigation

Agripreneur

Odisha

234 potential days of livelihood

15,000 loan is fully repaid

15,000 loan is fully repaid


About Maina

Maina Soren is a small farmer who resides in Keonjhar, Odisha. She has been helping her husband towards cultivating land for years and has been successful as well. However, she recently started to wonder if she could do much more with her knowledge and experiences in making farming more efficient. This loan will help make Maina invest in more crops and improve the way they grow. Maina has already started to buy better quality seeds and fertilizer which will help her make the most out of her farm. Additionally, the money from this loan will also be used to build a new borewell in her property so that she can irrigate her land better than previously. Maina is an experienced farmer and she's passionate about improving her skills so she can increase her harvest and stay on top of her industry. With the help of this loan, Maina will successfully improve her income and meet not only her financial goals but her goals in life as well.

About Maina Soren's livelihood

Maina is an agripreneur who works 6 hours a day for 6 days a week. With this loan Maina will potentially obtain employment for 234 days.

Interest Rate

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

15,000

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