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Manjulata

Kudada

Agripreneur

Mayurbhan, Odisha

20,000 has been disbursed

195 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Manjulata

Kudada

#resilient#ambitious
Support Manjulata to pay crop recurring costs and arrange drip irrigation system.

Agripreneur

Odisha

20,000 has been disbursed

195 potential days of livelihood

5,250.53 is
the current outstanding balance

73.75 0 0 26.25 14749 0 0 5251

74%

0%

0%

26%


About Manjulata

Manjulata lives in Mayurbhan with her family and is a skilled farmer. For five years, Manjulata has been growing various cash crops and vegetables to support her family. Now she wants to take the next step in her farming business; with this loan, she will be able to purchase water pumps for her fields and use drip irrigation to supply water to the crops. This will allow Manjulata to improve her crop yields and ensure a successful harvest. She also will be able to make crop recurring deposits for a hassle-free farming season. Support Manjulata to improve her farming method and help her family thrive!

About Manjulata Kudada's livelihood

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

20,000

Loan
tenure

15 months

Moratorium

3 months

Repayment
mode

EMI

Investee
occupation

Farming

Investee Credit Rating:
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'

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS