false
false 0 0 krpe1tJHZr

Pana

Majhi

Agripreneur

Keonjhar, Odisha

234 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Pana

Majhi

#Hardworking
Support Pana to make crop recurring deposits and arrange borewell and drip irrigation

Agripreneur

Odisha

234 potential days of livelihood

22,000 loan is fully repaid

22,000 loan is fully repaid


About Pana

Pana Majhi, of Keonjhar, Odisha has been suffering from a water crisis for many years. Pana's family of four struggles to keep their vegetable garden alive with little irrigation. While Pana was using the groundwater for her crops, the groundwater became exhausted, and this forced her to grow her crops in a less than ideal environment. However, the farmer spirit within Pana has not allowed her to despair. Pana is pursuing this loan so that she can set up a drip irrigation system, as well as a borewell. With more than seven years of experience, Pana understands the risks and rewards involved with farming, so she's optimistic about these improvements and has no worries about taking on this investment. If you can help Pana to achieve this goal, she will be able to invest in a better future for her family by continuing to improve the yield of her crops.

About Pana Majhi's livelihood

Pana is an agripreneur who works 6 hours a day for 6 days a week. With this loan Pana will potentially obtain employment for 234 days.

Interest Rate

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

22,000

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