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Minakhi

Nayak

Agripreneur

keonjhar, Odisha

195 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Minakhi

Nayak

#Hardworking
Minakhi needs credit to build a shed for her chickens

Agripreneur

Odisha

195 potential days of livelihood

11,000 loan is fully repaid

11,000 loan is fully repaid


About Minakhi

Minakhi Nayak is a very enterprising lady who lives in the Keonjhar District of Odisha. She has a family of two, and she has been working in animal husbandry for six years now. Currently, she has 15 chickens, but she doesn't have a shed to house them in. If she had a shed, she could more easily farm, bringing in a steady income without having to worry about the health of her chickens. With the help of this loan, Minakhi will be able to begin building her own chicken pen, which will give her easy access to care for her poultry, and will also help her expand her business. Make a loan to help Minakhi improve her productivity and build a sustainable business for herself.

About Minakhi Nayak's livelihood

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

9 months

Moratorium

3 months

Repayment
mode

EMI

Investee
occupation

Animal husbandry

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