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Namita

Pingua

Agripreneur

Keonjhar, Odisha

162 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Namita

Pingua

#hardworking#ambitious
Support Namita to build a shed for her backyard poultry business.

Agripreneur

Odisha

162 potential days of livelihood

8,000 loan is fully repaid

8,000 loan is fully repaid


About Namita

Namita is a hardworking woman who has been running an animal husbandry business for the last two years. Currently, Namita is working in her family's backyard poultry, however, the conditions there aren't ideal. She needs a shed to keep the chickens safe and breed, but the family cannot afford to build one. This loan will help her construct a shed so the birds can have better living conditions. Namita doesn't have to fear any wild animals that catch the chickens once the shed is built. Invest in her to expand her business and enhance her income.

About Namita Pingua's livelihood

Namita is an agripreneur who works 5 hours a day for 5 days a week. With this loan Namita will potentially obtain employment for 162 days.

Interest Rate

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

8,000

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