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Malati

Mohanta

Agripreneur

Mayurbhanj, Odisha

227 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Malati

Mohanta

#breadwinner#hardworking
Malati Mohanta is seeking credit to expand her poultry business.

Agripreneur

Odisha

227 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Malati

Malati has been in the poultry farming business for five years and is committed to increasing her flock size. In 2014, she purchased two female chicks and one male chick, and then she reared the chicks and sold them later. This year, she is seeking to re-invest the profit made in increasing her flock size by purchasing two more female chicks. She believes that her business will soon begin to show a good return on her investment. Help empower Malati realize her dreams and make a pathway towards a brighter future.

About Malati Mohanta's livelihood

Malati is an agripreneur who works 5 hours a day for 7 days a week. With this loan Malati will potentially obtain employment for 227 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Malati Mohanta has consented to pay the interest as below:

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

3.20%

5.76% APR

Platform
charges

4.80%

8.64% APR

Loan Details

The following section provides a detailed view of the investee loan requirement.

Loan
amount

50,000

Loan
tenure

12 months

Moratorium

None

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

Indian Micro Enterprises Development Foundation
   view website
Partner logo

Established in

1995

With Rang De from

2021

Founded by

Dr.Ashok Khosla

Indian Micro Enterprises Development Foundation (IMEDF) is a social enterprise promoted by Development Alternatives Group with a vision to promote inclusive growth and inspire environmental sustainability through development of micro - enterprises.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS