Nagi is a hard-working woman who knows perseverance, and this is what sets her apart from many others. Nagi resides in Keonjhar, where people work primarily in agricultural fields. She has been working with her husband in poultry farming since eight years and is highly skilled at her work. This loan will help her build a chicken shed and raise healthy chickens for a healthy income.
Nagi is an agripreneur who works 5 hours a day for 6 days a week. With this loan Nagi will potentially obtain employment for 195 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Nagi 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
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 10,000
Loan
tenure
9 months
Moratorium
3 months
Repayment
mode
EMI
Investee
occupation
Animal husbandry
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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