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Padmini

Patra

Agripreneur

Keonjhar, Odisha

15,000 has been disbursed

130 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Padmini

Patra

#provider#positive
Padmini needs to make crop recurring deposits and arrange drip irrigation on her farm.

Agripreneur

Odisha

15,000 has been disbursed

130 potential days of livelihood

8,996 is
the current outstanding balance

40.03 0 0 59.97 6004 0 0 8996

40%

0%

0%

60%


About Padmini

Padmini is a resident of Keonjhar, a hard-working farmer, and mother of three. Padmini is the head of her family and manages her farm with sheer determination. Despite having the right experience, she has to face multi obstacles and difficulties when making investments, like arranging capital. To overcome these hurdles, she is looking for capital to invest in drip irrigation and crop recurring deposits. With your assistance, Padmini will invest in a proper drip irrigation facility for her farm and install a solar system too. This will enable her to cultivate crops efficiently, and benefit from good harvests. With a sound financial foundation and with your support, Padmini can make great strides in developing herself and impacting many lives in her community.

About Padmini Patra 's livelihood

Padmini is an agripreneur who works 4 hours a day for 5 days a week. With this loan Padmini will potentially obtain employment for 130 days.

Interest Rate

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

15,000

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