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Pelang

Pingua

logoAgripreneur

logo Mayurbhanj, Odisha

logo 20,000 has been disbursed

logo 195 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Pelang

Pingua

#breadwinner#provider
Support Pelang arrange irrigation facilities on her farm and have a successful season.

logoAgripreneur

logo Mayurbhanj, Odisha

logo 20,000 has been disbursed

logo 195 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

18,666.66 is
the current outstanding balance

33.33 0 66.67 1333 2667 0

33%

67%

0%


Pelang's farming journey started 10 years ago, with a small land in Mayurbhanj district in Orissa. She has come a long way and has collected valuable experience in developing her land. She understands the only way forward is to utilize sustainable and eco-friendly materials in cultivation. With this in mind, she wishes to add improved irrigation facilities to her farm. Encourage Pelang's steps to combat climate change.

I wish to expand my agriculture activity.

About Pelang Pingua's livelihood

Pelang is an agripreneur who works 5 hours a day for 6 days a week. With this loan Pelang 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.

Investee
pays The rate of interest charged to the investee

3.00% flat p.a.

5.40% APR

Social
Investor The rate of return an investor makes

2.00%

3.60% APR

Impact
Partner The rate of return an impact partner makes

up to 0.00%

0.00% APR

Platform
charges The charges, the platform incurs by offering it's services

1.00%

1.80% APR

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

Loan
amount

20,000

Loan
tenure

15 months

Moratorium

3 months

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Farming

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

Collectives for Integrated Livelihood Initiatives
   

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

Your Investees

Total Lives Impacted

0

Days of Livelihood

0