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false 0 0 5NUlQr8aLU

Mery

Balmuch

Agripreneur

Kepnjhar, Odisha

14,000 has been disbursed

195 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Mery

Balmuch

#hardworking#determined
Mery needs to make crop recurring deposits and get a borewell for her farm.

Agripreneur

Odisha

14,000 has been disbursed

195 potential days of livelihood

7,463.62 is
the current outstanding balance

46.69 0 0 53.31 6536 0 0 7464

47%

0%

0%

53%


About Mery

Mery Balmuch is a skilled farmer who ensures that her business is always in good standing. She has been operating her own farmland for more than ten years now and knows exactly how to produce the best crops available. Over the years, she has worked hard to follow best practices for good yields. The loan that she is seeking will be used to get a bore well and a drip irrigation system for her farm. She will also install a solar system and pay the crop recurring deposits. This will ensure even more yield this time. Invest in Mery now!

About Mery Balmuch's livelihood

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

14,000

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'

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS