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Mamita

Munda

Agripreneur

Keonjhar, Odisha

227 livelihood days

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Mamita

Munda

#hardworking#determined
Enable Mamita to pay crop recurring costs and get an irrigation system.

Agripreneur

Odisha

227 potential days of livelihood

15,000 loan is fully repaid

15,000 loan is fully repaid


About Mamita

Mamita lives in a village in the Keonjhar district of Odisha, along with her family of four. She owns and operates a small piece of farmland about one acre. With this sourcing of loan, she hopes that she will be able to take care of the crop recurring costs of her farming operation and get a borewell, a drip irrigation system, and a solar system. These new additions to her farm will improve her yield in the upcoming farming seasons and get her a good profit. It will help her enhance her income. Invest in Mamita so that she can lead a better life with her family.

About Mamita Munda's livelihood

Mamita is an agripreneur who works 5 hours a day for 7 days a week. With this loan Mamita 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. Mamita 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

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