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Mana

Tudu

Agripreneur

Kendujhar, Odisha

117 livelihood days

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Mana

Tudu

#dedicated#believer
Mana Tudu needs credit to set up an irrigation system.

Agripreneur

Odisha

117 potential days of livelihood

11,000 loan is fully repaid

11,000 loan is fully repaid


About Mana

Mana Tudu has been a farmer for over ten years, but sometimes she's found farming to be a tough way to earn a living. Growing her own food, farming her land, and working in the fields require much effort, and this can't be done without a reliable irrigation system. Mana's family helps with the farm work, the harvest is mostly unsuccessful due to their lack of irrigation. She believes that improving productivity by setting up a borewell unit and a drip irrigation system, powered by a solar unit, is going to improve their lives greatly. With the assistance of this loan, she will also pay the crop recurring charges. Support her now!

About Mana Tudu's livelihood

Mana is an agripreneur who works 3 hours a day for 6 days a week. With this loan Mana will potentially obtain employment for 117 days.

Interest Rate

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

11,000

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