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Mamina

Mahapatra

Agripreneur

keonjhar, Odisha

195 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Mamina

Mahapatra

#Hardworking
Invest in Mamina to pay crop recurring charges and arrange drip irrigation system.

Agripreneur

Odisha

195 potential days of livelihood

₹ 15,000 loan is fully repaid

₹ 15,000 loan is fully repaid

About Mamina

Mamina understood the importance of implementing innovation in agriculture, and this is what she's been doing with her husband ever since they were married. With the loan she's requesting, they will be able to purchase drip irrigation system and improve their farming. They will be able to grow more crops and Mamina will be able to help her family with more income. Together with her husband, Mamina wants to expand their business to see their children through college and get excellent education.

About Mamina Mahapatra's livelihood

Mamina is an agripreneur who works 5 hours a day for 6 days a week. With this loan Mamina 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. Mamina Mahapatra 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

Proceed to Pay

3

Total: ₹3000

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