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Pentama

Huika

logoAgripreneur

logo Rayagada, Odisha

logo 30,000 has been disbursed

logo 318 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Pentama

Huika

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Pentama needs to add more goats to her farm to expand her business.

logoAgripreneur

logo Rayagada, Odisha

logo 30,000 has been disbursed

logo 318 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

22,500 is
the current outstanding balance

60 0 40 7500 5000 0

60%

40%

0%


Pentama Huika from Rayagada is very experienced in animal husbandry. Her family has been engaged in the business of breeding goats for many years, and Pentama is a witness to their hard work and the challenges they have faced over time. She has a small farm where she raises goats, feeds them, breeds, and milks them. With the assistance of this loan, she will be able to purchase additional goats to add to her family's business. She will be able to use the extra goat milk produced to sell in the local society. Her income will also increase as a result of it. Invest in Pentama to expand her animal husbandry business!

I wish to add more animals to my farm.

About Pentama Huika's livelihood

Pentama is an agripreneur who works 7 hours a day for 7 days a week. With this loan Pentama will potentially obtain employment for 318 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

8.00% flat p.a.

14.40% APR

Social
Investor The rate of return an investor makes

3.20%

5.76% APR

Impact
Partner The rate of return an impact partner makes

up to 3.20%

5.76% APR

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

1.60%

2.88% APR

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

Loan
amount

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Animal husbandry

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.

Indian Micro Enterprises Development Foundation
   view website

Established in

1995

With Rang De from

2021

Founded by

Dr.Ashok Khosla

Indian Micro Enterprises Development Foundation (IMEDF) is a social enterprise promoted by Development Alternatives Group with a vision to promote inclusive growth and inspire environmental sustainability through development of micro - enterprises.

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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0