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Nilam Kumar

Soni

Agripreneur

Nawada, Bihar

364 livelihood days

Borrower Image 1 Borrower Image 2

Nilam Kumar

Soni

#breadwinner#hardworking
Nilam needs to purchase input credits to ensure a continuity to her farming activity.

Agripreneur

Bihar

364 potential days of livelihood

15,000 loan is fully repaid

15,000 loan is fully repaid


About Nilam Kumar

Nilam hails from Nawada. She belongs to a family of farmers. The family has been dependent on agriculture as one of the main sources of income. At this point, the family's resources are dwindling because of the pandemic. She hopes to get a loan to purchase inputs and other essentials for the current Kharif season.

About Nilam Kumar Soni 's livelihood

Nilam Kumar is an agripreneur who works 8 hours a day for 7 days a week. With this loan Nilam Kumar will potentially obtain employment for 364 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Nilam Kumar Soni has consented to pay the interest as below:

Investee
pays

0.00% flat p.a.

0.00% APR

Social
Investor

0.00%

0.00% APR

Platform
charges

0.00%

0.00% APR

Loan Details

The following section provides a detailed view of the investee loan requirement.

Loan
amount

15,000

Loan
tenure

8 months

Moratorium

None

Repayment
mode

Flexible repayments

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

Sarva Seva Samity Sanstha
   view website
Partner logo

Established in

2003

With Rang De from

2020

Founded by

Shri Vijay Mahajan

Sarva Seva Samity Sanstha was promoted in 2003 as a not for profit society to serve the most marginalized and in areas where most professionals were not able to reach. This is the reason it got registered in Gaya and was mandated to work with women and marginalized in the most difficult blocks where there was almost no reach of any NGO, MFI, and government programs. Sarva Seva Samity since 2003 has been working silently over the years in deep pockets of Bihar, Odisha, and Jharkhand and undertaking tasks like contract farming in Potato, Fee-based SRI, cultivation of True potato seed, undertaking saving and credit activities. With this mission to be at the grassroots and work on developing a sustainable and equitable society, Sarva Seva Samity continues to strive to bring in new technologies and processes and take up challenging issues that will help the poor and marginalized a have a better living and standard of life.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS